Free Trial

ICE Brent Apr24 Option Expiry – Monday 26 February 2024

OIL OPTIONS
  • A total of 435mbbls of open Apr24 Brent options positions are currently due to expire on Monday 26 February against the futures close at 19:30BST. Open interest is 226k calls contracts and 209k for puts.
  • The aggregate open interest across all ICE Brent options is 1.59m of calls and 1.26m of puts contracts.
  • The biggest nearby strikes are below the current market at $80/bbl and $81/bbl and above the market with 18k of calls at $85/bbl.
  • Below is a chart showing front month Brent open interest by strike (Brent $82.71/bbl):


Source: MNI / Bloomberg

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.