Tail Risk in the Energy Sector: What Can It Tell Us About Investor Sentiment in Oil Stocks?

By Garrett DeSimone, Head Quant, OptionMetrics The energy sector has been hammered in the combined wake of OPEC’s failed output deal and plummeting demand for oil as a result of Covid-19. Oil futures have gone negative, to establish a whacky super contango precedent. This crash in prices is a death...