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Strategies & Market Trends : Optionable OPBL

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Mar 12 5:00 PM EST

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From: JakeStraw	5/4/2007 7:58:54 AM
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Optionable Reports Record Volume in Crude Oil Options biz.yahoo.com Thursday May 3, 5:50 pm ET VALHALLA, N.Y., May 3 /PRNewswire-FirstCall/ -- Optionable, Inc. (OTC Bulletin Board: OPBL), a leading provider of natural gas and other energy derivatives brokerage services, today announced setting record volume in the NYMEX Sweet Light Crude Oil (LO) contract of approximately 21,300 sides, representing approximately 11.2 percent of the total NYMEX LO volume. Total NYMEX LO volume today including those traded through OPEX® was approximately 190,000. Contracts traded solely through OPEX represented approximately 7.5 percent of NYMEX volume today. Chairman Albert Helmig said, "This continues to demonstrate the acceptance of our electronic platform by an ever increasing number of market participants. We continue to enjoy high demand from users to access the platform across the ever increasing product slate we offer."

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