Key Takeaways with Craig
US Equities fluctuated today but wound up mostly lower as we close the books on the month of May. After another very volatile month in many CME Group markets, we take a look back at the net price and volatility changes on the month using QuikStrike data. Some notable data points include:
- After much all that volatility E-mini S&P 500 prices wound up just about where they were when the month began. E-mini Nasdaq-100 prices were down by about 2% and implied volatility in the options markets declined.
- WTI Crude Oil futures prices were up by about 10% in May, though implied volatility in the options declined. WTI Crude Oil prices were near steady on the day but were up substantially earlier in the trading session.
- 10-Year Yields declined slightly as did implied volatility in the options markets.
- Natural Gas prices were up by about 13% in May and implied volatility continues to trade at relatively high levels.
- Bitcoin futures prices were down by about 17%.
So as we head into summer, financial and commodity markets remain extremely active at CME Group and we’ll be here reporting on them.
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