Crude oil options quotes
Since each NYMEX Light Sweet Crude Oil call option covers 1000 barrels of crude oil, gain from the long call position is USD 6,340. Deducting the initial premium of USD 2,690 you paid to buy the call option, your net profit from the long call strategy will come to USD 3,650. Traditionally the biggest correlation between crude oil, Thanksgiving and Black Friday is volatility, and then a drop. Similar to AugU.S.t, when trade volumes are thin enough for Technical Summary