Yesterday’s (Monday) option activity…

September 5, 2018 by Jim Colburn Leave a Comment

Yesterday was a good volume day for WTI options with over 200,000 trading… This compares with an August average daily number of 127,669, down 11.7% from last year… YTD, options have been trading at 166,698 per day… Here is a snapshot from the CME… Volume is spread out over strikes, but mostly front month weighted (nothing unusual about that)… Open interest was up about the same for puts and calls, maybe indicating a market that can’t make up its mind where we go from here… Implied vol was up about a point, to 24.7%, basis November…

Here is yesterday’s price move that helped cause the increased volume to trade (from Barchart.com):

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