![](https://i.imgur.com/CLvY2jA.png")
08-03-2022, 04:36 PM
By Tsvetana Paraskova - Mar 07, 2022, 1:30 PM CST
......
even major investment banks predict that a Russian oil ban would easily send prices to US$150 and possibly to US$200.
And now options traders have significantly increased bets that oil could hit US$200 as early as this month.
......
According to ICE Futures Europe data compiled by Bloomberg, more than 1,200 contracts were traded on Monday for the option to buy Brent Crude future for May at US$200 per barrel. As a result of active options trading in recent days, the price to buy such options has skyrocketed. For example, the $200 oil options on the May Brent futures – expiring on March 28, three days before the contract expires—saw the price for buying them surge by 152 percent to US$2.39 a barrel. The price of the US$150 a barrel June call option doubled, and the $180 call options surged by 110 percent, per the exchange data cited by Bloomberg.
https://oilprice.com/Latest-Energy-News/...Month.html
......
even major investment banks predict that a Russian oil ban would easily send prices to US$150 and possibly to US$200.
And now options traders have significantly increased bets that oil could hit US$200 as early as this month.
......
According to ICE Futures Europe data compiled by Bloomberg, more than 1,200 contracts were traded on Monday for the option to buy Brent Crude future for May at US$200 per barrel. As a result of active options trading in recent days, the price to buy such options has skyrocketed. For example, the $200 oil options on the May Brent futures – expiring on March 28, three days before the contract expires—saw the price for buying them surge by 152 percent to US$2.39 a barrel. The price of the US$150 a barrel June call option doubled, and the $180 call options surged by 110 percent, per the exchange data cited by Bloomberg.
https://oilprice.com/Latest-Energy-News/...Month.html
