CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Record Volume of ICE Brent Options in October

OIL OPTIONS

Last month saw record daily Brent options volumes according to ICE with the average aggregate volumes up to 257k compared to a year to date average of 159k. Aggregate traded options volumes were yesterday still strong up at 331k.

  • WTI options volumes were yesterday high at 248k compared to the year to date average of 123k although down from the peak seen the previous driven by a large call spread trade.
  • Brent crude futures aggregate volumes also increased yesterday with Brent up to 1.38m and WTI up to 1.05m yesterday.
  • The near term crude options have halted the trend towards put strength relative to calls today as the futures have paused the recent bearish trend. The Brent second month 25 delta call-put skew is today at -2.6% while the WTI skew is at -3.1%.
    • Brent JAN 24 up 1.5% at 80.73$/bbl
    • WTI DEC 23 up 1.6% at 76.55$/bbl
BulletEnergy BulletsHomepageCommodities
BulletEnergy BulletsHomepageCommodities

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.