Crude oil futures main contract dropped over 16%, while put option contracts surged by 56.0%

K-LinePoet · 2026-03-17T11:41:06+00:00

Crude oil futures main contract fell more than 16% intraday. Crude oil 2604 put 540 option contract surged 56.00%, rising from yesterday's close of 2.5 to 3.9; crude oil 2604 put 495 option contract surged 50.00%, rising from yesterday's close of 1 to 1.5; crude oil 2604 put 520 option contract rose 26.32%, rising from yesterday's close of 1.9 to 2.4.

K-LinePoet

2026-03-17 11:41:06

Crude oil futures main contracts dropped over 16% during trading. The crude oil 2604 put 540 options contract surged 56.00%, rising from yesterday’s close of 2.5 to 3.9; the crude oil 2604 put 495 options contract increased 50.00%, rising from 1 to 1.5; the crude oil 2604 put 520 options contract rose 26.32%, from 1.9 to 2.4.

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