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Crude oil rose after OPEC's president said a drop in an index price meant producers no longer needed to raise output.
The index price for high-quality Arabica commodity beans was 62 cents a pound in 2001 last yearr, it was $1.96 a pound; on Monday, it was $2.77.
A former trader at the El Paso Corporation pleaded guilty Thursday to reporting fake trades to a publication that uses the data to calculate the index price of natural gas.
The option pays off if the index closes 395 points below the 4,200 index price on May 15.
The standard deviation of the CSFB High-Yield Index price during the past year is just 6%.
Click here for more of Peter Way's analysis of block traders' expectations of ETF and index price movements.
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The newsletter uses such information submitted each month to calculate index prices for the subsequent month.
Movements in index prices often affect the level of profits traders can generate.
In this July, index prices were already up to 146, and by the end of Aug. they were at 147.
In late August, the MSCI China Index price-to-earnings ratio (P/E) — a measure of how expensive a stock is — was only 9.75, versus 11.90 for emerging markets.
Based on index pricing method, risk factors were considered into maintenance and operation cost.
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