Today’s tickers: XOM, CCL, WYN & VRSN XOM  - Exxon Mobil Corp. –  A large bearish options play on the world’s largest corporation indicates one strategist is positioned for shares in Exxon Mobil to fall ahead of August expiration. The investor responsible for the sizable ratio put spread on the oil and gas company may be taking an outright bearish stance on the stock, or could be hedging a long position in the underlying ahead of XOM’s July 28 second-quarter earnings report. Exxon Mobil’s shares are currently up 1.3% to stand at $80.75 just before 11:45am in New York. It looks like the options trader picked up 7,500 puts at the August $77.5 strike for a premium of $1.79 each, and sold 15,000 puts at the lower August $72.5 strike at a premium of $0.78 apiece. The net cost of the ratio spread reduces to $0.23 per contract, thus positioning the investor to profit if shares in XOM decline 4.3% in the next couple of months to breach the effective breakeven price of $77.27 at expiration. Maximum potential profits of $4.77 per contract are available to the trader should shares plunge 10.2% to settle at $72.50 at expiration in August. The ratio of twice as many short puts suggests the investor sees limited bearish movement in the price of the underlying stock. More significant share price erosion than the put player expects could result in losses on the position in the event that shares in Exxon Mobil drop 16.1% in the next nine weeks to slip beneath the lower breakeven price of $67.73 by expiration day in August. Other signs of investor pessimism on XOM cropped up in the August $85 strike call where is appears some 2,600 contracts sold for an average premium of $0.70 a-pop. Options implied volatility on the stock is off its lows of the session, but remains 8.5% lower on the day at 18.73% as of 11:55am.…