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ICE Brent July24 Option Expiry – Tuesday 28 May 2024

OIL OPTIONS
Energy BulletsHomepagemarkets-real-timeBulletCommodities
  • A total of 574mbbls of open July24 Brent options positions are currently due to expire on Tuesday 28 May 2024 against the futures close. Open interest is 332k calls contracts and 243k for puts.
  • The aggregate open interest in ICE Brent call options remains high after the surge seen from Feb to Apr. Put open interest is still high relative to levels in Q1 but is down from highs seen in April. Call open interest is at 1.943m contracts and puts down slightly on the month to 1.332m contracts.
  • The current market is trading between the main strikes of note with 18k of open puts sitting at the $80/bbl strike, and 10k of puts and calls at the $85/bbl strike price.
  • Below is a chart showing front month Brent open interest by strike (Brent $82.00/bbl):


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  • A total of 574mbbls of open July24 Brent options positions are currently due to expire on Tuesday 28 May 2024 against the futures close. Open interest is 332k calls contracts and 243k for puts.
  • The aggregate open interest in ICE Brent call options remains high after the surge seen from Feb to Apr. Put open interest is still high relative to levels in Q1 but is down from highs seen in April. Call open interest is at 1.943m contracts and puts down slightly on the month to 1.332m contracts.
  • The current market is trading between the main strikes of note with 18k of open puts sitting at the $80/bbl strike, and 10k of puts and calls at the $85/bbl strike price.
  • Below is a chart showing front month Brent open interest by strike (Brent $82.00/bbl):


Keep reading...Show less