This Week in Futures Options 3: Wildfires Drive Oil Call Volume

In this episode, which was recorded on Friday, May 6, 2016, Mark and Nick discuss: WTI: June volume 55% of volume Volume up 4% over last week July 53 calls most active in July Open interest up 13% in July Aug 55 calls also active Skew creeping up across the board Why aren't weeklies trading in WTI? Gold June accounted for over 50% of volume this week OI up 5% this week Nat Gas June 1.85 puts Soybeans Soybeans up a bit toward end of the week Calls got beat up and puts are bid skew getting bid up particularly in July