I know I’m a crank, but based on Bloomberg, CNBC and other financial media, crude oil now up 20% from it’s low, has corrected and is now in a bull
Spread options are trading…
Spread options on WTI are active due to the collapse of front to back spreads... Here is a look at the June20/Dec20 spread from barchart.com... Divide
Inventories, call on OPEC oil… EIA
In Today in Energy, the EIA published some nice charts from the monthly STEO showing expected inventories and the call on OPEC crude...
The search for storage… Reuters
Devika Krishna Kumar, Reuters, has a nice piece, here, highlighting the intensive search for storage facilities in an oversupplied market: "Storage
CL implied vol update…
Yesterday, the second nearby (April) at the money option settled at 124.7%... So far, this market is second only to Gulf War I from a vol
Quick options note…
Second nearby WTI options settled at 108.2 on Friday (105.5, last Monday) which moved this event into second place behind Gulf War I and ahead of