Royal Dutch Shell (RDS.A) volatility flat; oil approaches $110

Royal Dutch Shell (NYSE: RDS.A) is recently up 3.2% in pre-open trading on being named a long Research Tactical Idea at Morgan Stanley. WTI Crude Future are recently up 1.36% to $109.75 according to Bloomberg. Overall option implied volatility of 20 is near its six-month average of 21 according to Track Data.

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