The Iran conflict resolution is embedded in the the options market.
Oil skew is one-sided.
In a normal crisis you'd expect both wings to bid: calls against another supply shock and puts against a sudden resolution.
The market is only paying up for a resolution-driven collapse, not another oil spike.
$USO $OVX
Oil skew is one-sided.
In a normal crisis you'd expect both wings to bid: calls against another supply shock and puts against a sudden resolution.
The market is only paying up for a resolution-driven collapse, not another oil spike.
$USO $OVX
