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ICE Brent Mar24 Option Expiry – Friday Jan 26

OIL OPTIONS

ICE Brent Mar24 Option Expiry – Friday 26 January 2024 at 19:30BST close

  • A total of 730mbbls of open Feb24 Brent options positions are currently due to expire on Friday 26 January. Open interest is 492k calls contracts and 238k for puts.
  • The aggregate open interest across all ICE Brent options is 1.79m of calls and 1.19m of puts contracts.
  • The biggest nearby strike of interest is just below the current market price at the $80/bbl strike which has open positions of nearly 13k of calls and over 11k of puts.
  • Below is a chart showing front month Brent open interest by strike (Brent $80.95/bbl):


Source: MNI / Bloomberg

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