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ICE Brent October Option Expiry Tomorrow

OIL OPTIONS

ICE Brent October Option Expiry – Friday 25 August 2023 at 19:30BST close

  • A total of 460mbbls of open Oct23 Brent options positions are currently due to expire on Friday 25 August. Current open interest is 226k for calls contracts and 234k for puts.
  • The aggregate open interest across all ICE Brent options is 1.471m of calls and 1.177m of puts contracts.
  • The biggest nearby strikes of interest are either side of the current market at 80$/bbl and 85$/bbl with put interest also at 83$/bbl and 81$/bbl
  • Below is a chart showing front month Brent open interest by strike (Brent 83.35$/bbl):


Source: MNI / Bloomberg

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