Forget $100, Options Traders Now Betting On Oil Prices Hitting $200 | OilPrice.com

As oil prices hit multi-year highs, some speculative traders are betting on the options market that oil could exceed $100 a barrel by the end of this year and even reach a record $200 per barrel by the end of 2022.  

For example, at the end of September, call options at Brent at $200 a barrel for December 2022 traded 1,300 times in one day, amid a worsening energy crunch in Europe and Asia ahead of the winter heating season in the northern hemisphere.

Forget $100, Options Traders Now Betting On Oil Prices Hitting $200 | OilPrice.com