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WTI Mar24 Option Expiry Today

OIL OPTIONS
  • A total of 713mbbls of open March 24 options positions on CME and ICE are due to expire against the March future close today. Current aggregate open interest is 378k call contracts and 335k puts.
  • The open interest across all WTI options on both exchanges is 1.71m calls and 1.22m puts.
  • Most open positions at nearby strikes are on call options with the biggest exposures at the $75/bbl and $80/bbl strike prices. The biggest nearby put strike position is at 75$/bbl.
  • Below is a table showing the current open interest at nearby strikes (WTI 77.79$/bbl):

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