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Brent Rally Reduces Put Skew

OIL OPTIONS

Brent put skew falls back closer to calls as the crude futures have recovered some lost ground

  • Concerns over supply that have taken over from increased economic risks have been reflected in the options market.
  • Over the last couple of days Dec22 Brent 25 delta put vol has fallen by 2% while 25 delta call vol has increase by 2%.

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