Crude oil options volatility, summary chart…

January 2, 2018 by Jim Colburn Leave a Comment

Here is a chart showing crude oil implied volatility since options began trading on the exchange in 1986… The data are based on the at the money, second nearby option (which now is March):

The long term average is now at 33.0… December 2017 ended with implied vol at 18% close to the low of the year of 17% made on Dec 21… Note from the chart that the all time low was made on 6/6/2014 at 12.7%… Implied vol averaged 26.8 for the entire 2017… WTI option volume was 170,920 contracts per day, down 6% from last year (November/December of 2016 were very active months ahead of and after the OPEC meeting)…

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