06/26/2026

TWIFO 503: Silver Slumps, Crude Crashes and Nasdaq Chaos

The commodity roller coaster kept traders busy this week as crude oil gave back much of its recent geopolitical premium, silver suffered another sharp selloff, and Nasdaq futures options lit up the tape following a volatile week for equities.

On this episode of This Week in Futures Options, Mark Longo breaks down the biggest movers across the futures options landscape, including:

  • Why silver volatility remains elevated despite a brutal correction
  • Massive activity in WTI crude oil 65 puts as traders reposition
  • Nasdaq 100 futures options reacting to earnings, inflation data and heavy market swings
  • The biggest movers on the light side and dark side across CME markets
  • Volatility, skew and unusual options activity across metals, energy and equity indexes
  • What traders were buying and selling ahead of the America 250 holiday week