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ICE Brent November Option Expiry – Today

OIL OPTIONS
  • A total of 463mbbls of current open Nov23 Brent options positions are due to expire against the futures close today. Current open interest is 224k for calls contracts and 239k for puts.
  • The aggregate open interest across all ICE Brent options is 1.560m of calls and 1.309m of puts contracts.
  • Current positions show significant open call exposures currently at 95$/bbl and open call and put positions below the market at 91$/bbl and 90$/bbl.
  • Below is a table showing the current open interest at nearby strikes (Brent 92.17$/bbl):

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