Key Takeaways with Craig
It seems that every Friday lately, we begin the Key Takeaways section with, “after another volatile week…” but if the shoe continues to fit…
Once again, we’ve summarized the net weekly price and volatility changes in some of CME’s major products using QuikStrike data below.
- Even after today’s Equity price rally, both E-mini S&P 500 and Nasdaq-100 prices were lower on the week while implied volatility rose.
- WTI Crude Oil futures prices ended near steady on the week though only after a price rally over the last couple of days.
- Gold futures prices fell and implied volatility in the options rose substantially.
- Bitcoin futures prices fell by nearly 20% and implied volatility spiked, though remains lower than the historically high volatility levels in Natural Gas options.
We hope that all of our In FOCUS readers have a nice May weekend and we’ll be back on Monday.
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