25 USD Oil Puts at All-Time High

Source: Zero Hedge

As Bloomberg reports, open interest, or the amount of total contracts outstanding, for March West Texas Intermediate crude $25 put options rose to 29,023 on Jan. 22, the highest among all March WTI options. The puts expire on Feb. 17.

“There is a big debate surrounding $25,” said Phil Flynn, senior market analyst at the Price Futures Group in Chicago.