‘Crazy’ Bets on $200 Oil Invade the Options Market

Discussion in 'Options' started by thecoder, Oct 20, 2021.

  1. thecoder

    thecoder

    https://www.wsj.com/articles/crazy-bets-on-200-oil-invade-the-options-market-11634463002
    Where can one verify this on the free Internet, ie. is this data avail at YahooFinance etc.? If yes which ticker or link? I couldn't find, but I'm more an equity options guy, with little to no experience with commodities like Oil...
    So, TIA.
     
  2. qwerty11

    qwerty11

  3. Arnie

    Arnie

  4. thecoder

    thecoder

    Thx, but how to interpret and locate the row that supposedly shows the $200 price for the end of 2022 ?
    Why is the strike price going up to 22000 ? I unfortunately don't grasp this yet :-(
    Would be helpful if you kindly could post a screenshot of the relevant part of that big table, thx.
     
  5. Overnight

    Overnight

    You have to add a decimal 2 places to the left of end to get dollar amount. 22000 is $220.00
     
    Arnie and thecoder like this.
  6. thecoder

    thecoder

    Thx a lot! Now it somehow makes some sense :)
    OMG! What a st'pid convention, in 2021... :)
     
  7. Overnight

    Overnight

    Only reason I can think that is in place is so people do not confuse bid/ask prices with strike prices in the table list? *shrugs* I am sure there is a more technically-correct answer out there. Just a guess on my part.
     
  8. No way no how never.