Free Trial
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.
OIL OPTIONS
The increasing upside supply risks from OPEC and Russia have driven volatility up and moved the Brent and WTI puts skews in from about 5% to 2% during September.
- Front month ATM implied volatility is up from around 45% at the end of August to over 50%.
- WTI Dec22 call-put skew is in to -2.1% from a low of -3.7% at the start of the week although had briefly reached parity last week. Brent vols have followed a similar pattern with the Dec22 skew now at -1.8%.
- The longer term Dec 23 skew has also narrowed with Brent in to -6.9% from as low as -10% at the end of August.
- Brent DEC 22 up 0.3% at 87.47$/bbl
- WTI NOV 22 up 0.3% at 81.51$/bbl
Source: MNI / Bloomberg
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok