Special IV Report into Trump and oil CEOs, OPEC Video conf April 3, 2020

Special IV Report into Trump and oil CEOs, OPEC Video conf April 3, 2020

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By monitoring this market data, traders can create strategies that capitalize on this often over looked information.

President Trump and oil CEOs to discuss government measures to help energy industry today and OPEC video conference on April 6.

United States Oil Fund (USO) 30-day option implied volatility is at 130; compared to its 52-week range of 22 to 172 into President Trump and oil CEOs to discuss government measures to help energy industry and OPEC video conference on Monday. Call put ratio 2.3 calls to 1 put with focus on May calls.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 80; compared to its 52-week range of 16 to 130..

ExxonMobil (XOM) 30-day option implied volatility is at 75; compared to its 52-week range of 16 to 111.

Chevron (CVX) 30-day option implied volatility is at 77; compared to its 52-week range of 15 to 113.

Occidental Petroleum (OXY) 30-day option implied volatility is at 155; compared to its 52-week range of 21 to 201. Call put ratio 2.3 calls to 1 put.

Continental Resources (CLR) 30-day option implied volatility is at 168; compared to its 52-week range of 37 to 252.

Devon Energy (DVN) 30-day option implied volatility is at 148; compared to its 52-week range of 33 to 212. Call put ratio 2.7 calls to 1 put.