MNI BRIEF: EU Parliament Backs Von Der Leyen For 2nd Term

MNI: ECB LEAVES KEY DEPOSIT RATE UNCHANGED AT 3.75%

MNI China Daily Summary: Thursday, July 18

MNI BRIEF: China To Upgrade Rural Land Reform: 3rd Plenum

MNI BRIEF: China's Third Plenum Eye's Deeper Financial Reform

MNI BRIEF: China Third Plenum Expands International Opening

US EIA:NAT GAS STORAGE +10 BCF TO 3,209 BCF JUL 12 WK

EZ/UK Bond Supply Calendar: Belgium Auction, BoE APF on Monday

MNI UK Labour Market Review: July 2024 Release

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

ICE Brent June24 Option Expiry Today

OIL OPTIONS
Energy BulletsHomepageBulletCommodities
  • A total of 886mbbls of open June24 Brent options positions are currently due to expire against the futures close today. Open interest is 491k of call contracts and 394k for puts.
  • The aggregate open interest across all ICE Brent options has risen sharply in the last month with open interest the highest since April 2020 at 2.01m contracts and puts up at 1.496m contracts.
  • The biggest open exposures near the current market price are at the $88/bbl and $90/bbl strikes. Open position of over 8k of calls sit below the current market at $88/bbl and around 16k of calls are at the $90/bbl strike.
  • Below is a table showing the current open interest at nearby strikes (Brent 88.34$/bbl):


118 words

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.
  • A total of 886mbbls of open June24 Brent options positions are currently due to expire against the futures close today. Open interest is 491k of call contracts and 394k for puts.
  • The aggregate open interest across all ICE Brent options has risen sharply in the last month with open interest the highest since April 2020 at 2.01m contracts and puts up at 1.496m contracts.
  • The biggest open exposures near the current market price are at the $88/bbl and $90/bbl strikes. Open position of over 8k of calls sit below the current market at $88/bbl and around 16k of calls are at the $90/bbl strike.
  • Below is a table showing the current open interest at nearby strikes (Brent 88.34$/bbl):