Thursday 24 May 2018

The $100 a Barrel Oil Wager Comes Back to the Options Market - Bloomberg

The $100 a Barrel Oil Wager Comes Back to the Options Market - Bloomberg:

"Some options traders are betting on $100 oil again.

Whether it’s the specter of sanctions on Iran, Venezuela’s output plunge, or a momentum play on the back of the past year’s 46 percent surge in Brent, there are now the equivalent of about 93 million barrels wagering on the global benchmark hitting $100 at some point in the next 12 months."



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