John Lothian News is presenting the May 14 Bachelier Options Model virtual panel as a podcast. We have edited the content down to maximize the delivery of impactful information from the discussion. We also had a technician problem at the beginning of the recording and did not capture all of what Lee Betsill shared as a recap of the steps the CME Group took leading up to the expiration of the April WTI contract. We also removed a tense moment between Don Wilson and John Lothian over the wording of a question.
The big takeaway from the podcast came when Don Wilson talked about ETF investing in crude oil and the risk dynamics to the investors, futures commission merchants and clearing system.