Yesterday’s WTI options action… – Commodity Research Group

February 27, 2020 by Jim Colburn Leave a Comment

Volume in WTI options (LO) (which doesn’t include weekly expirations) yesterday was around 200,000… Open interest in calls increased more than puts… And, volatility dropped more in puts than calls… Can we conclude that bottom picking via selling puts, buying calls was the general tenor of yesterday’s action? Last look at today’s price, Cl is -2.39…

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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