This Week in Futures Options 24: A Moist Towelette for Crude Bulls

Topics this week include: Gold WTI Soybeans Futures Options Feedback: Listener questions and comments Tweet from SellPuts - Is #Gold-pocalypse going to continue? Yes, particularly if the dollar index keeps moving towards 98 and above. Comment from Ben Green - OI Heat Maps: One of the best I've seen for visualization of open interest. Thank you! Question from TCal - I am a somewhat new oil options trader primarily in WTI. Over the last few months I have noticed that the majority of volume trades in the front month. This is particularly true in active weeks such as during the OPEC meeting. I have had success buying weekly options going into these events. But in these same active periods I have not seen the surge of activity in the weekly WTI that I expected. This is surprising given the similar interest in weeklies in most other option products. Is this a function of the large institutional presence in WTI options? Perhaps there is a nuance of the product that I am missing that is not conducive to weeklies? I would appreciate your insight into this. Thank you for producing so much great free programming on your network. You can find all the cool reports Nick talks about on www.cme.com/twio.