Pre Market WTI Swaps, Costless Collars, Curve, Pivots, Vol, and the Apr Cal Avg Ti/Brent

WTI
Swaps                                           Fences
Apr23-Dec23   72.46        60p/85c
Cal 2024           68.90        55p/84c
Price Curve
Apr  73.39
May 73.53  
June 73.60  *peak price
July  73.48
*Price curve continues contango shaped in front-end.  
  Backwardation characterizes the curve's shape from June 2023 and onwards.
Local Pivot Points
April CLJ
80.36 resistance 2
78.08
75.19 Pivot
73.91
70.02 support 2
*Pivot numbers are based on yesterday's trading range of $5.17 plus high, low, close levels.
Volatility
Apr  $73.50  straddle 2.60 theoretical value.            *Implies 56.06% volatility.              Days to exp: 2
May $73.50  straddle 7.67                                                            43.00%                                                 34
Apr Cal Avg WTI/Brent spread   (BKJ)
--5.44/-5.37
All these levels are a snapshot in time on the runway to the market's 9 am opening. These are not trade recommendations. 
Read at your own risk, which can be substantial.
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