MyDVICE

- WRITINGS, THOUGHTS, VIEWS & IMAGES by NEV R. AGN -
Oil Post No. 3 (a)

Oil Post No. 3 (a)

THE “GAP” HAS STARTED ITS FIRST CLOSING ATTEMPT! Update on Option Structure initiated on 2 June 2020 5 June 2020 OIL POST NUMBER 3(A) – – –  UPDATE ON:  Strategy (using ICE Brent Options): 1. Sell 1x September 30 Put (expiry:  28 July...
Oil Post No. 2

Oil Post No. 2

Take Advantage of the implied volatility skew. 2 June 2020 OIL POST NUMBER TWO – – –  Strategy (using ICE Brent Options): 1. Sell 1x September 30 Put (expiry:  28 July 2020); and 2. Buy 1x December 55 Call (expiry: 27 October 2020), Net premium =...
Oil Post No. 1

Oil Post No. 1

THAT GAP! 1 June 2020 That gap (approximately … between 39 and 45) is about to be filled.  Not many thought so (did you?).  I do not know if the coming “first attempt” will succeed but with further OPEC (sigh…) meetings in the very near future...