As of November 13, at a current volatility level of 37, the underlying January 2024 WTI futures price has a 68% chance (1-StdDev) to be inside of the range between 70 and 85 at the CLF24 expiration on December 19, 2023.
CME volume data has shown that traders have been more aggressively trading the 85 Strike Calls and the 70 Strike Puts, perfectly wrapping the 1 Standard Deviation of the December 10 WTI settlement price.
The CFTC COT Report shows that, toward the beginning of October, fund managers have been aggressively subtracting from their long positions.
The CFTC COT Report also shows that, near mid to late October, fund managers have been adding short positions, resulting in a decreasing net positioning.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.