On a meltdown in price, one would expect high volume (over 100,000 is high these days), more puts than calls trading (check), higher implied vol
Oil vol… CME
The CME has a nice tool that charts the term structure of WTI implied vol... Front month December options are alive for the US election... Some may
Options update…
Not much unexpected in yesterday’s option activity as prices moved lower... Volume was up over 100,000 (up, but certainly not heavy), calls traded
Long term 1st nearby-2nd nearby WTI chart… CQG
I update the long term vol chart to show perspective and recently to point out how the model broke down went front month prices went below zero...
Ray Dalio interview…
From The Big Picture... ”Bloomberg Opinion columnist Barry Ritholtz speaks with Ray Dalio, who is the founder, co-chief investment officer and
US Oil… Bloomberg
Katherine Greifeld, Bloomberg, includes a nice chart in her story on the WTI oil futures ETF, US Oil: