ICE_North Sea BRN Sep 24, 2020

At the money vols and strikes (approx)

  • BRN U[26] 2020 Vol= 0.3013 Strike= 42
  • BRN V[28] 2020 Vol= 0.3431 Strike= 42.5
  • BRN X[26] 2020 Vol= 0.3699 Strike= 43
  • BRN Z[24] 2020 Vol= 0.3882 Strike= 43
  • BRN F[27] 2021 Vol= 0.3779 Strike= 45
  • BRN G[24] 2021 Vol= 0.4136 Strike= 42
  • BRN J[28] 2021 Vol= 0.3840 Strike= 45
  • BRN V[27] 2021 Vol= 0.3277 Strike= 50
The information above is the product code, expiration month codethe exact last day of trading is in the brackets finally we have the expiry year. This is generally not the standard form for symbology. However, with some contracts we may have two or more expiries with the same contract month. The contracts may even share expiry year, so in order to disambiguate the contracts we show extra detail.The vol is next, and finally the actual strike.