Oil Services Holders Trust (OIH) volatility flat on $80 oil
Oil Services Holders Trust (NYSE: OIH) closed at $119.34. Crude oil futures are recently down .29% to $80.17 according to Bloomberg. OIH holdings include BHI, BJS, DO, ESV, GRP, GSF, HAL, SLB, HC, NBR, NE, NOV, RDC, RIG, SII, SLB, TDW and WFT. OIH November option implied volatility is at 43, December is at 42; verses its verses average of 42, according to Track Data, suggesting non-directional price movement. Paul Foster
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