Special WTI Crude Oil IV Report April 20, 2020

Special WTI Crude Oil IV Report April 20, 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.

Front month WTI Crude oil collapses to $1, IV steady

United States Oil Fund (USO) 30-day option implied volatility is at 110; compared to its 52-week range of 22 to 171.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 71; compared to its 52-week range of 15 to 130.

SPDR S&P Oil & Gas Exploration & Production Etf (XOP) 30-day option implied volatility is at 87; compared to its 52-week range of 28 to 189.

Refiner option implied volatility steady as front month expiring WTI Crude sells off 92%, to $1.10. June at $15.

Phillips 66 (PSX) 30-day option implied volatility is at 71; compared to its 52-week range of 17 to 118.

Marathon Petroleum (MPC) 30-day option implied volatility is at 93; compared to its 52-week range of 29 to 136 amid front month WTI Crude oil down 92%. Call put ratio 4 calls to 1 put with focus on October 35 calls.

Valero Energy (VLO) 30-day option implied volatility is at 80; compared to its 52-week range of 22 to 144. Call put ratio 1 calls to 2.6 puts.

ExxonMobil (XOM) 30-day option implied volatility is at 67; compared to its 52-week range of 15 to 110.

Devon Energy (DVN) 30-day option implied volatility is at 122; compared to its 52-week range of 33 to 212. June WTI crude oil at $15.

Royal Dutch Petroleum (RDS.B) 30-day option implied volatility is at 53; compared to its 52-week range of 14 to 170.

Total (TOT) 30-day option implied volatility is at 63; compared to its 52-week range of 14 to 124.

Eni SPA (E) 30-day option implied volatility is at 59; compared to its 52-week range of 16 to 114.