Crude oil implied vol update… – Commodity Research Group

August 29, 2016 by Jim Colburn Leave a Comment

Implied volatility for WTI crude oil futures settled at 33.4% on Friday… The long term average implied vol since options began trading on the NYMEX is 33.2… Here is the long term chart:

November 14th, 1986 was the first day of trading… The first spike in vol was due to Gulf War I, just before bombs were dropped in Iraq; the second spike was in 2008 when prices dropped from around $145 to around $35; and, most recently, the implied vol spiked close to 80% in February this year…

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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