Oil Options Fall as Futures Rally on U.S. Employment Data
This article is for subscribers only.
Crude oil options volatility fell as the underlying futures rallied to a two-week high on better-than-expected U.S. employment data.
Implied volatility for at-the-money options expiring in July, a measure of expected price swings in futures and a gauge of options prices, was 19.49 percent on the New York Mercantile Exchange at 3:45 p.m. compared with 21.78 percent yesterday.