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OIL OPTIONS: ICE Brent Apr25 Option Expiry Today

OIL OPTIONS
  • A total of 627mbbls of open April Brent options positions are due to expire against the futures close price today. Open interest is 381k call contracts and 247k for puts.
  • Aggregate Brent call option open interest has been falling month on month from a peak in October to 1.78m contracts today while put open interest has dipped this month to 1.37m contracts.
  • Just over 15k of call contracts and 19k of puts sit near the current market price at the $75/bbl strike prices. Other strikes of note are down at $70/bbl and $72/bbl and up at $78/bbl and $80/bbl
  • Below is a table showing the current open interest at nearby strikes (Brent $74.84/bbl):

 

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  • A total of 627mbbls of open April Brent options positions are due to expire against the futures close price today. Open interest is 381k call contracts and 247k for puts.
  • Aggregate Brent call option open interest has been falling month on month from a peak in October to 1.78m contracts today while put open interest has dipped this month to 1.37m contracts.
  • Just over 15k of call contracts and 19k of puts sit near the current market price at the $75/bbl strike prices. Other strikes of note are down at $70/bbl and $72/bbl and up at $78/bbl and $80/bbl
  • Below is a table showing the current open interest at nearby strikes (Brent $74.84/bbl):

 

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