Trading in Tuesday and Thursday Crude Oil Options Surpasses 100,000 Contracts as Demand Soars
CME Group announced that combined trading in its Tuesday and Thursday Crude Oil Weekly options has surpassed 100,000 total contracts traded since launching on July 22, 2024. This week, more than 50,000 Crude Oil Weekly options traded on a single day for the first time ever as demand for short-term options soars. Crude Oil Weekly options are the fastest growing energy products at CME Group, achieving new milestones:
- October 1, 2024: Single day open interest record of 72,053 contracts
- September: Highest volume month with ADV of 27,162 contracts, 15% higher than August
- September: Highest month for average daily open interest, reaching 54,700 contracts
- Three of the top 10 volume days occurred in September
CME Group ha annunciato che il trading combinato delle sue opzioni settimanali sul petrolio greggio del martedì e del giovedì ha superato 100.000 contratti totali scambiati dall'inizio, avvenuto il 22 luglio 2024. Questa settimana, per la prima volta, sono stati scambiati più di 50.000 opzioni settimanali sul petrolio greggio in un solo giorno, mentre la domanda per le opzioni a breve termine cresce rapidamente. Le opzioni settimanali sul petrolio greggio sono i prodotti energetici a più rapida crescita presso CME Group, raggiungendo nuovi traguardi:
- 1 ottobre 2024: record di open interest in un solo giorno con 72.053 contratti
- Settembre: mese con il volume più alto, con un ADV di 27.162 contratti, superiore del 15% rispetto ad agosto
- Settembre: mese con il più alto open interest medio giornaliero, raggiungendo 54.700 contratti
- Tre dei primi 10 giorni di volume si sono verificati a settembre
CME Group anunció que el comercio combinado de sus opciones semanales de petróleo crudo del martes y jueves ha superado 100.000 contratos totales negociados desde su lanzamiento el 22 de julio de 2024. Esta semana, más de 50.000 opciones semanales de petróleo crudo se negociaron en un solo día por primera vez, ya que la demanda de opciones a corto plazo se dispara. Las opciones semanales de petróleo crudo son los productos energéticos de más rápido crecimiento en CME Group, alcanzando nuevos hitos:
- 1 de octubre de 2024: récord de interés abierto en un solo día de 72.053 contratos
- Septiembre: mes de mayor volumen con un ADV de 27.162 contratos, 15% más que en agosto
- Septiembre: mes con el promedio diario de interés abierto más alto, alcanzando 54.700 contratos
- Tres de los 10 días de mayor volumen ocurrieron en septiembre
CME 그룹은 화요일 및 목요일 원유 주간 옵션의 결합 거래량이 2024년 7월 22일 출시 이후 10만 계약을 초과했다고 발표했습니다. 이번 주에는 5만 개 이상의 원유 주간 옵션이 단 하루에 거래되어 단기 옵션에 대한 수요가 급증하고 있습니다. 원유 주간 옵션은 CME 그룹에서 가장 빠르게 성장하는 에너지 제품으로, 새로운 이정표를 세우고 있습니다:
- 2024년 10월 1일: 하루 최대 개방 이자 기록인 72,053 계약
- 9월: 월 거래량이 가장 높은 달로, ADV가 27,162 계약으로 8월보다 15% 증가
- 9월: 평균 일일 개방 이자가 가장 높은 달로, 54,700 계약에 도달
- 상위 10일 거래 중 3일이 9월에 발생
CME Group a annoncé que le commerce combiné de ses options hebdomadaires sur le pétrole brut du mardi et du jeudi a dépassé 100.000 contrats au total échangés depuis son lancement le 22 juillet 2024. Cette semaine, plus de 50.000 options hebdomadaires sur le pétrole brut ont été échangées en un seul jour pour la première fois, alors que la demande pour les options à court terme explose. Les options hebdomadaires sur le pétrole brut sont les produits énergétiques à la croissance la plus rapide chez CME Group, atteignant de nouveaux jalons :
- 1er octobre 2024 : record d'intérêts ouverts en un seul jour de 72.053 contrats
- Septembre : mois de volume le plus élevé avec une ADV de 27.162 contrats, 15 % de plus qu'en août
- Septembre : mois avec la moyenne quotidienne d'intérêts ouverts la plus élevée, atteignant 54.700 contrats
- Trois des dix jours de volume les plus élevés ont eu lieu en septembre
CME Group gab bekannt, dass der kombinierte Handel mit seinen Wochenauswahloptionen für Rohöl am Dienstag und Donnerstag seit der Einführung am 22. Juli 2024 100.000 insgesamt gehandelten Verträgen überstiegen hat. In dieser Woche wurden zum ersten Mal mehr als 50.000 Wochenauswahloptionen für Rohöl an einem einzigen Tag gehandelt, da die Nachfrage nach kurzfristigen Optionen in die Höhe schnellt. Die Wochenauswahloptionen für Rohöl sind die schnellst wachsenden Energieprodukte bei CME Group und erreichen neue Meilensteine:
- 1. Oktober 2024: Tagesrekord bei offenem Interesse von 72.053 Verträgen
- September: Monat mit dem höchsten Volumen mit einem ADV von 27.162 Verträgen, 15% höher als im August
- September: Höchster Monat für durchschnittliches tägliches offenes Interesse mit 54.700 Verträgen
- Drei der zehn volumenstärksten Tage fanden im September statt
- Trading in Tuesday and Thursday Crude Oil Weekly options surpassed 100,000 total contracts since launch
- Over 50,000 Crude Oil Weekly options traded on a single day for the first time
- Crude Oil Weekly options are the fastest growing energy products at CME Group
- New single day open interest record of 72,053 contracts set on October 1, 2024
- September saw highest volume month with ADV of 27,162 contracts, 15% higher than previous record
- September also had highest average daily open interest, reaching 54,700 contracts
- None.
Insights
The surge in trading volume for CME Group's Tuesday and Thursday Crude Oil Weekly options is a significant development for energy derivatives markets. Surpassing 100,000 contracts since their July launch and reaching over 50,000 contracts in a single day demonstrates strong market demand for short-term risk management tools in the crude oil sector.
This growth aligns with the broader trend of increasing volatility in energy markets, driven by geopolitical tensions and supply chain disruptions. The record-breaking open interest of
For investors, this presents both opportunities and challenges. The expanded suite of options allows for more precise hedging and speculative strategies, potentially leading to improved risk management for energy-focused portfolios. However, it also signals increased market complexity, requiring sophisticated analysis to navigate effectively.
CME Group's success with Crude Oil Weekly options underscores a strategic shift in derivatives trading. The rapid adoption of these short-term instruments reflects a market increasingly focused on granular risk management and quick response to volatile price movements in the energy sector.
This trend has several implications for the broader financial landscape:
- Enhanced market efficiency through more precise pricing mechanisms
- Potential for increased trading volumes and revenue for CME Group
- Greater need for advanced analytics and real-time data processing capabilities among market participants
The growth in these products may also indicate a shift in trader behavior, with a preference for shorter holding periods and more frequent position adjustments. This could lead to increased market activity and potentially higher volatility in crude oil futures and related markets.
"Clients are increasingly focused on short-term risk in crude oil markets, and CME Group is the only liquid marketplace where market participants can express a view or hedge their exposure to WTI prices across the entire trading week," said Peter Keavey, Global Head of Energy and Environmental Products at CME Group. "We look forward to continuing to provide the flexibility our clients need to manage market events quickly and effectively."
Crude Oil Weekly options are the fastest growing energy products at CME Group and continue to achieve new milestones across the suite of daily expiries:
- October 1, 2024 was a single day open interest record of 72,053 contracts.
- September was the highest volume month in history, with average daily volume (ADV) of 27,162 contracts,
15% higher than the previous record in August. - September was also the highest month on record for average daily open interest, reaching 54,700 contracts.
- Three of the top 10 volume days all occurred in September.
Crude Oil Weekly options are listed by and subject to the rules of NYMEX. For more information, please visit here.
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
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SOURCE CME Group
FAQ
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