Amex Energy Select (XLE) May put volatility flat, June elevated; on $112 oil
Amex Energy Select (NYSE: XLE) is recently up 0.6%. WTI Crude oil futures are recently up 1.50% to $111.96 according to Bloomberg. April put option implied volatility of 19, May is at 23, June is at 25; compared to its six-month average of 23 according to Track Data, suggesting non-directional price movement.
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