- 20 May 2021
- By CME Group
- Beginning June 28, strike increments for WTI and Brent Weekly options will be reduced from $0.50 to $0.25.
- Reduced strike increments should provide a more precise mechanism for managing short-term crude oil exposure. Read the SER.
- Weekly options can offer a low-cost tool to mitigate risk associated with physical or financial positions in crude oil.
Our article, Hedging with WTI Crude Oil Weekly Options, provides a range of use cases and strategies for Weekly WTI options for storage, upstream, and downstream risk management.
DRFQ utilization is on the rise as traders look for improved and streamlined efficiencies to safekeep compliance audit trails. DRFQ can optimize block trading in privately-negotiated, exchange-eligible futures, options, and strategies.
- Utilize CME Direct to connect and privately negotiate block trades.
- Access a single electronic platform for the entire negotiation lifecycle, from inception to block submission.
- Save exportable audit trails for recordkeeping requirements.
CVOL delivers the first-ever cross-asset class family of implied volatility indexes based on simple variance. CME Group lists a broad-based energy market index in addition to reference indexes on four benchmark energy products, including WTI, Henry Hub, RBOB, and Heating Oil.
Every two weeks, CME Group publishes exclusive insight from oil market analysts at PVM. Each chart looks at a lesser-known aspect of the global oil markets, coupled with a sharp, succinct explanation.
Our current Chart of the Week reviews OPEC+ output ahead of its next meeting.
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