0.06Open0.10Pre Close88 Volume71 Open Interest5.00Strike Price460.00Turnover75.96%IV24.08%PremiumAug 16, 2024Expiry Date0.00Intrinsic Value100Multiplier25DDays to Expiry0.05Extrinsic Value100Contract SizeAmericanOptions Type0.1836Delta0.3238Gamma54.27Leverage Ratio-0.0043Theta0.0005Rho9.96Eff Leverage0.0029Vega
Imperial Petroleum Stock Discussion
On Thursday, OPEC's Secretary-General criticized this prediction, arguing it could mislead consumers and cause unprecedented market volatility. He asserted that global oil demand would not peak by 2029, emphasizing the ongoing growth in demand as billions of people worldwide still lack access to energy.
$Crude Oil Futures(SEP4)(CLmain.US)$ $Exxon Mobil(XOM.US)$ $Imperial Petroleum(IMPP.US)$ $Occidental Petroleum(OXY.US)$
$Crude Oil Futures(SEP4)(CLmain.US)$ $Occidental Petroleum(OXY.US)$ $Chevron(CVX.US)$ $Exxon Mobil(XOM.US)$ $Imperial Petroleum(IMPP.US)$
Recent data suggests that US economic activity in manufacturing and construction is slowing, a recessionary sign.
As a result, oil prices are down 16% from their April peak and up just 3% year-to-date
Markets are not buying the "soft landing" narrative.
$Crude Oil Futures(SEP4)(CLmain.US)$ $Occidental Petroleum(OXY.US)$ $Exxon Mobil(XOM.US)$ $Imperial Petroleum(IMPP.US)$ $Chevron(CVX.US)$ $BP PLC(BP.US)$ $Dow Jones Industrial Average(.DJI.US)$
No comment yet