OIL OPTIONS SIGNAL RISING MIDDLE EAST SUPPLY RISKS WTI crude oil options skew toward calls has climbed to +7.2%, its highest since Septembe…
OIL OPTIONS SIGNAL RISING MIDDLE EAST SUPPLY RISKS
WTI crude oil options skew toward calls has climbed to +7.2%, its highest since September 10, reflecting growing demand for upside price protection amid Middle East tensions.
Houthi attacks on Saudi oil infrastructure and regional shipping have increased supply disruption concerns.
Meanwhile, WTI's 1–2 month spread narrowed to $2.30/barrel from $5.40, signaling weaker near‑term backwardation.
The key takeaway: Options traders are pricing in greater upside oil risk, even as near‑term physical market tightness eases.
Related assets: $USO $XLE $XOM $OXY