Volatility spike boosts oil options trading volume to all-time high

Ned Molloy
25 Feb 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Chicago Board Options Exchange crude oil volatility index yesterday reached an eight-month high. In the six days until February 24, the index spiked 38.2% to reach 42.62, as the protests in Libya escalated and the country reportedly declared force majeure on some oil products exports on February 22.

Higher oil volatility means costlier oil options, and for corporates this effectively means paying more to insure against future oil price rises. So the spike in volatility has made corporates

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]