Volatility

Apart from the direction of the stock market, traders also have to consider volatility. There is a limited time to the movement of the market whether, its going to rise, fall or remain in a price range . Volatility is about the fluctuation of share prices in the market that will greatly affect your profitability whether you take or write a call. If you buy an option because you think that the stock market will take off, the chances of the expected movement before the expiry date will fall if the stock becomes less volatile.

Before the above question can be answered, it is noteworthy to say that oil price and the fluctuation happening in the US are interconnected in such a way that the extensive range of supply and demand driven independently has a big impact on the crude oil price.

Because of the above statement, the decline in the US dollar will cause a rising pressure on the crude oil price and the same thing goes for the US currency being pressured much by the crude oil price.