Oil Options Volatility Surges

Bloomberg reported that oil options volatility surged after the underlying futures declined.

As quoted in the market news:

Crude fell as much as 2.2 percent after the ECB said its balance sheet grew to 2.73 trillion euros ($3.55 trillion) after it lent financial institutions more money last week to keep credit flowing to the economy during the debt crisis.

Click here to read the full Bloomberg report.