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News Breaks
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November 16, 2009
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| 14:21 EDT |  | USO |
| theflyonthewall.com: | United States Oil Fund volatility near 19-month lows on $79 oil | | United States Oil Fund is recently up $1.40 to $40.52. WTI Crude futures are recently up 3.65% to $79.14 according to Bloomberg. USO unit net asset value reflects the performance of the spot price of West Texas intermediate light crude. December and January option implied volatility is at 37; verses its six-month average of 44, according to Track Data, suggesting decreasing price movement. :theflyonthewall.com |
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