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OIL OPTIONS: ICE Brent Feb25 Option Expiry – Monday December 23

OIL OPTIONS
BulletEnergy BulletsCommodities
  • A total of 671mbbls of open February Brent options positions are currently due to expire on Monday December 23. Open interest is 405k call contracts and 265k for puts.
  • Aggregate Brent option open interest has fallen again in the last month with ICE Brent call interest down to 1.86m contracts while put open interest has edged down to 1.34m contracts.
  • The most significant volume of note in the upcoming expiry is 17k of puts below the market at $70/bbl and 17k of call above at the $75/bbl strike.  The open volumes close to current market levels is 10.6k of puts and 7.5k of calls at the $72/bbl strike.
  • Below is a chart showing front month Brent open interest by strike (Brent $72.16/bbl):

 

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  • A total of 671mbbls of open February Brent options positions are currently due to expire on Monday December 23. Open interest is 405k call contracts and 265k for puts.
  • Aggregate Brent option open interest has fallen again in the last month with ICE Brent call interest down to 1.86m contracts while put open interest has edged down to 1.34m contracts.
  • The most significant volume of note in the upcoming expiry is 17k of puts below the market at $70/bbl and 17k of call above at the $75/bbl strike.  The open volumes close to current market levels is 10.6k of puts and 7.5k of calls at the $72/bbl strike.
  • Below is a chart showing front month Brent open interest by strike (Brent $72.16/bbl):

 

image

 

Keep reading...Show less