Pre Market WTI Swaps, Costless Collars, the Curve, Pivots, Vol, CL/CS and the May Cal Avg Ti/Brent
All these levels are a snapshot in time on the runway to the market's 9 am opening. These are not trade recommendations.
Love to get some feedback on this.
Swaps Fences costless
Apr23-Dec23 67.95 55p/81.50c
Cal 2024 65.95 50p/88.00c
Apr CL/ Apr CS -.24/-21 *CS is WTI cal avg futures g
June 68.44 *peak price
Local Pivot Points
70.81 resistance 2
63.57 support 2
*Pivot numbers are based on yesterday's trading range of $3.67 plus high, low, close levels.
May $68.50 straddle 7.45 theoretical value. *Implies 46.88% volatility. Days to exp: 31.25 days
May Cal Avg WTI/Brent spread (BKK)
This is a personal blog expressing an opinion for educational purposes. Read at your own risk.
Post a Comment