With Weekly options on WTI Crude Oil futures expiring on Friday each week, CME Group provides market participants with a flexible tool to fine-tune their crude oil market exposure.
Traders are finding the benefits of adding Crude Weekly options to their portfolios with:
Source: CME Group
|Weekly Option||Monthly Option||Underlying Future|
|WTI Crude Oil||LO1-LO5||CLWA Comdty||LO||CL|
|Brent Crude Oil||BW1-BW5||BZCA Comdty||BZO||BZ|
|Natural Gas (Physical)||ON1-ON5||ONWA Comdty||ON||NG|
|Natural Gas (Financial)||LN1-LN5||GKWA Comdty||LN||NG|
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Traders turn to the precision of CME Group’s weekly expiring options to enhance existing positions or to offset risk and capture trading opportunities around market-moving events. Regional crude oil and natural gas storage data, weather anomalies, and global market events (like the upcoming OPEC meeting) can have a dramatic impact on the energy markets.