Options activity ahead of the OPEC meeting… We see (from the CME’s Most Active Strike tool) that put options open interest is net neutral: May 55 puts increase by almost 5,000, offset by many strikes being liquidated… And, calls OI is +10,000 led by $80, $100 calls in 2022! Odd to see both put liquidation and calls in 2022 ahead of the meeting…
by Jim Colburn Leave a Comment
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