Filed under: PetroChina Co Ltd ADR (PTR), Options, Oil
Oil Services Holders Trust (OIH) closed down 1.8% as WTI crude oil futures sold off 1.91% to $96.23, according to Bloomberg. March and April put option implied volatility of 31 is near its six-month average of 30, according to Track Data, suggesting non-directional price movement.
PetroChina (PTR) overall option implied volatility of 34 is above its 26-week average of 31, according to Track Data, suggesting larger price movement.
Update is by Stock Specialist Paul Foster of theflyonthewall.com.
Options Update: Oil Services Holders Trust Volatility Flat; Oil Trades Below $98 originally appeared on BloggingStocks on Fri, 25 Feb 2011 09:00:00 EST. Please see our terms for use of feeds.







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