Traders on Friday exchanged the most US$80 West Texas Intermediate (WTI) crude oil call options since January, expecting more upside to prices after Israeli airstrikes on Iran sparked fears of a wider Middle East conflict.<\/p>\n
Call options grant the holder a right to buy futures contract at the preset price and date, and a rise in volumes can help gauge market sentiment.<\/p>\n
About 33,411 contracts of August-2025 US$80 call options for WTI crude oil were traded on Friday on a total trading volume of 681,000 contracts, marking the highest volume for these options this year, according to CME Group data.<\/p>\n
The last time trading was this high for US$80 call contracts was on January 10, with 17,030 February-2025 US$80 call options traded on a total trading volume of 301,866 contracts.<\/p>\n
Oil prices jumped on Friday and settled 7 per cent higher as Israel and Iran launched air strikes, feeding investor worries that the combat could widely disrupt oil exports from the Middle East.<\/p>\n
U.S. West Texas Intermediate crude finished at US$72.98 a barrel, up US$4.94, or 7.62 per cent . During the session, WTI jumped over 14 per cent to its highest since January 21 at US$77.62.<\/p>","protected":false},"excerpt":{"rendered":"
Traders on Friday exchanged the most US$80 West Texas Intermediate (WTI) crude oil call options since January, expecting more upside to prices after Israeli airstrikes on Iran sparked fears of a wider Middle East conflict. Call options grant the holder a right to buy futures contract at the preset price and date, and a rise […]<\/p>","protected":false},"author":2,"featured_media":1759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.elitecommunicationpr.com\/zh\/wp-json\/wp\/v2\/posts\/1758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.elitecommunicationpr.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.elitecommunicationpr.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.elitecommunicationpr.com\/zh\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.elitecommunicationpr.com\/zh\/wp-json\/wp\/v2\/comments?post=1758"}],"version-history":[{"count":1,"href":"https:\/\/www.elitecommunicationpr.com\/zh\/wp-json\/wp\/v2\/posts\/1758\/revisions"}],"predecessor-version":[{"id":1760,"href":"https:\/\/www.elitecommunicationpr.com\/zh\/wp-json\/wp\/v2\/posts\/1758\/revisions\/1760"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.elitecommunicationpr.com\/zh\/wp-json\/wp\/v2\/media\/1759"}],"wp:attachment":[{"href":"https:\/\/www.elitecommunicationpr.com\/zh\/wp-json\/wp\/v2\/media?parent=1758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.elitecommunicationpr.com\/zh\/wp-json\/wp\/v2\/categories?post=1758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.elitecommunicationpr.com\/zh\/wp-json\/wp\/v2\/tags?post=1758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}