Oil Options Volatility Fell as Crude Oil Rose 1.5 Percent

Bloomberg reported that oil options volatility fell as crude oil prices rose 1.5 percent.

As quoted in the market news:

Implied volatility for at-the-money options expiring in April, a measure of expected price swings in futures and a gauge of options prices, was 30.2 as of 2 p.m. in New York, down from 30.7 yesterday.

Click here to read the full Bloomberg report.