This Week in Futures Options 31: OPEC Drives Crude Options Explosion

There is only one thing on our minds this week: Crude Options!

There is but one major topic this week:

Futures Options Feedback: Listener questions and comments

Question from Andrew Martin – Does all that OI on the 60 strike in WTI mean that people expect oil to blow past that level very soon?
Comment from Kay Kamra – OVX almost touching July highs…I expect a pullback in OVX and subsequent pop in /CL
Question from JVZ34 – Why such a crude Vol crush this week?