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ICE Brent Feb24 Option Expiry Tomorrow

OIL OPTIONS
  • A total of 557mbbls of open Feb24 Brent options positions are currently due to expire on Thursday 21 December at 19:30BST close. Open interest is 354k for calls contracts and 204k for puts.
  • The aggregate open interest across all ICE Brent options is 1.717m of calls and 1.104m of puts contracts.
  • The biggest nearby strike of interest is around the current market price at the 80$/bbl strike which has open positions of nearly 12k of calls and 11k of puts.
  • Below is a chart showing front month Brent open interest by strike (Brent 80.15$/bbl):


Source: MNI / Bloomberg

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