February 14, 2025 08:49 GMT
OIL OPTIONS: WTI Mar25 Option Expiry Today
OIL OPTIONS
A total of 815mbbls of open WTI crude March 25 options positions on CME and ICE are due to expire against the March futures close today. Current aggregate open interest is 407k call contracts and 408k puts.
- The aggregate options open interest has risen in the last month with calls currently at 1.54m and aggregate put interest up to 1.60m.
- The most significant open exposures of interest are just below the current market with nearly 15k of calls and nearly 27k of puts at the $70/bbl strike.
- Below is a table showing the current WTI front month options open interest (WTI $71.51/bbl):
| Strike Price, $/bbl | Call Open Int | Put Open Int |
| 68 | 3,597 | 12,875 |
| 69 | 5,921 | 10,043 |
| 69.5 | 3,114 | 3,309 |
| 70 | 14,619 | 27,772 |
| 70.5 | 2,647 | 2,406 |
| 71 | 5,233 | 7,907 |
| 71.5 | 3,901 | 3,347 |
| 72 | 7,345 | 7,715 |
| 72.5 | 4,172 | 3,423 |
| 73 | 10,324 | 8,058 |
| 74 | 9,456 | 7,325 |
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