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Brent Option Expiry – Today at 19:30BST close

OIL OPTIONS
  • A total of 631mbbls of open Sep22 options positions are due to expire today against the 19:30BST futures close price. Current open interest is 321k for calls and 310k for puts.
  • The aggregate open interest across all Brent options is currently 1.345m calls and 1.12m puts contracts.
  • The biggest nearby strikes of interest are at 105$/bbl and 110$/bbl with over 7k puts contracts still open at 105$/bbl and over 11k call contracts open at 110$/bbl.
  • Below is a graph showing nearby open interest (Brent 106.90$/bbl):

Source: MNI / Bloomberg

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