Oil Volatility Strengthens as Futures Advance to 26-Month High
Investing News Network - December 6th, 2010
Bloomberg reports that Oil options volatility strengthened as the underlying crude futures rose to a 26-month high.
Bloomberg reports that Oil options volatility strengthened as the underlying crude futures rose to a 26-month high.
The market news is quoted as saying:
Implied volatility for at-the-money options expiring in February, a measure of expected price swings in futures and a gauge of options prices, was 31.1 percent as of 4 p.m. in New York, up from 29.8 percent Dec. 3.