Hedging

WTI crude oil is stabilizing near the $93 area after a sharp retreat from levels above $100.00, with traders weighing tentative diplomatic progress against fragile Middle East conditions. Volatility remains elevated as large market participants continue to hedge against sudden shifts in sentiment.

WTI crude oil has moved sharply lower as traders react to signs of possible progress in Iran-US negotiations. Yet high open interest, Middle East uncertainty, and recent intraday reversals suggest the selloff may not be a simple one-way trade.

Bybit has introduced options trading for Tether Gold, expanding access to a new way to hedge and speculate on gold prices. The products are settled in USDT and backed by Orbit Markets for liquidity support.