💥#ftx Claims 107-110 for size 💥
https://t.co/FNt5vfSJlY have just created a new feature to register your claim, so that we can notify you when it gets to your Target 🎯 Price!
Just went through the latest OIES report on what’s been happening in the oil paper market over the last three months. Here’s the breakdown:
1) In a typical geopolitical scare, you'd expect spec money to pile in and send open interest through the roof. Instead we witnessed a complete anomaly: Brent futures open interest absolutely cratered.
2) On the flip side, daily volumes actually went through the roof. It shows everyone was aggressively passing the hot potato intraday to shift risk, but nobody had the stomach to hold overnight exposure. And now even that day-trading volume is drying up fast.
3) Money managers like hedge funds and CTAs live for trading time, arb, and product spreads based on real oil fundies. But once the war sent vol off the charts, it blew straight through their internal VaR limits. Facing massive margin hikes, they were forced into a structural retrenchment. The capital cost of just holding onto those positions became way too expensive.
4) When the geopolitical conflict flared up, North American shale independents found themselves severely under-hedged. As crude prices ripped higher, they panicked to lock in those attractive margins, offloading massive swap volumes to their bank counterparts. This clearing activity forced a structural expansion in the CFTC data, leading to a concurrent spike in swap dealer shorts and offsetting commercial long exposure across the WTI curve.
5) The Brent-WTI blowout triggered by the Hormuz crisis blew the physical arb wide open for moving North American barrels into Europe and Asia. To nail down those arbitrage margins, mega physical trading houses executed a 'Long WTI / Short Brent' spread trade, which acted as a critical floor for WTI open interest.
6) ICE blunt-force doubled Brent margins, while CME played it smart by using its SPAN system to give massive portfolio-based risk offsets on inter-commodity spreads. On a pure capital-efficiency basis, it was a total no-brainer to park your margin in WTI instead of Brent.
7) As open interest fled the futures complex, everyone piled into options to keep chasing directional plays with a hard stop on risk. Going long premium meant your downside was strictly capped at the premium paid—no brutal daily mark-to-market margin calls, which saved your balance sheet flexibility. Operationally, it was a massive relief because you didn't have to stay awake 24/7 babysitting a position overnight. Shorting options, though, was absolute suicide thanks to that nasty convex risk and punishing margin hikes.
8) Trading in ultra short-dated paper absolutely exploded as players scrambled to chase headline risk in real time. This April weekly WTI options saw average daily volumes skyrocket to around 33,000 contracts, up nearly 50% y/y. 0DTE options squeezed their market share up from 25% to 30% of the entire WTI options complex, while 1-3 DTE contracts also expanded their footprint from 34% to 39%
#oott #iran
@BullTheoryio Alternatively the buyers having consulted with their lawyers realised the probability of them winning was high for a 9x return. Claims were trading a 10%. As distressed specialist, the speed of the payout is surprisingly fast.
(3/4) FTX also announced that an April 30, 2026 record date has been set for a May 29, 2026 payment to holders of preferred equity interests. Additional details are available in FTX’s press release here: https://t.co/ncdQ3HdNg9
@SBF_FTX@realDonaldTrump Whoever has taken over this account is as convincing as Erika Kirk, you need to stop, it’s just making things worse.
Why would Trump want to help given your long list of criticisms against him prior to prison, while financing his competition?
@stabletuna Please take a look at https://t.co/VaOWa2dRQi it explains how it works. Alternatively if you have any questions on the process please emails us at
[email protected] and we will try our best to answer everything.
#FTX's K5 Global Position
FTX/Alameda invested $300M in SpaceX through K5 Ventures. After suing to recover $700M, FTX settled in Jan 2025 and kept the stake.
If SpaceX hits that $1.5T IPO this could be a 5X. We still expect a ~170% claims recovery.
https://t.co/z2lvgX3fZa
(1/3) FTX today announced that the anticipated record date for the Next Distribution will be February 14, 2026 for holders of allowed FTX claims and interests. The Next Distribution is expected to commence on March 31, 2026.
@danheld@litcapital SBF took oversized risks with other people’s money & got lucky on a few investments. Neither he nor the #FTX claim holders were able to benefit from these investments, so it’s hard to see why he would be excited. FTX was great at raising money from investors who didn’t do any DD.
@satoshiknight1@FreeSBF_dot_org@SBF_FTX It’s a deterrent so that others don’t do the same. His actions have impacted 1.5mm people and we have had to talk be off the ledge from ending their lives as they lost all of their money and their ability to feed their families, it’s devastating to listen to.
We have decided to start the year on a positive note by going one step further and paying out the winner in full. Although we must wait for the next distribution to take place, they can finally put the #FTX situation behind them.
A special thank you to everyone who participated.
Christmas Restricted Jurisdiction Giveaway 🎄
One Holder gets to trade for free!
T&Cs:
• Distribution will be processed via https://t.co/Dv305hSnUC
• Once BarnOwl IV LLC receives the distribution, we will transfer the proceeds to the winner with zero commission.
A big thank you to everyone who has traded their #ftx claim with us at https://t.co/mhfj8HAuyI and https://t.co/VaOWa2dRQi over the past year.
Wishing you and your families a healthy and prosperous 2026. 🙏
Your UCC will be entered into a draw, and pull one winner will be announced on Jan 1, 2026.
Holders who have already registered will also be included in the draw.
Merry Christmas & Good luck! 🎁
Christmas Restricted Jurisdiction Giveaway 🎄
One Holder gets to trade for free!
T&Cs:
• Distribution will be processed via https://t.co/Dv305hSnUC
• Once BarnOwl IV LLC receives the distribution, we will transfer the proceeds to the winner with zero commission.
You have 48 hours to REGISTER your details at https://t.co/PychSdHX7m
Eligibility:
1️⃣ Resident in a Restricted Jurisdiction
2️⃣ Successfully passed KYC with Kroll or PwC
3️⃣ Follow us on X
4️⃣ REGISTER for free with no obligation on https://t.co/PychSdHX7m