A 95delta option is deep in the money and a highly probable outcome.
Commodity markets are complex, each one presenting unique characteristics and risks. Financing commodity businesses through non-recourse structures, reserve-based lending, or commodity trade finance requires specialized expertise to perform due diligence and/or implement best-in-class risk management practices.
Our team is your trusted partner — offering independent, principled guidance and meticulous reviews delivered by seasoned professionals. We are dedicated to helping stakeholders effectively manage risk while creating and preserving value. With a collective wealth of knowledge and expertise forged through extensive real-world experience, we provide the solid foundation required to make well-informed decisions and offer unparalleled guidance in this ever-evolving, dynamic environment.
Greg Crowley
Managing Principal
Greg has led several commodity trading operations and works across multiple industry segments helping organizations understand market, credit, liquidity and operational risks. He has traded and originated commodity finance and derivative solutions at Shell Oil, JPMorganChase, RBS, and Credit Agricole. He has assisted both lenders and borrowers restructure troubled commodity trading operations in pre and post bankruptcy situations. Greg holds an Industrial Engineering degree from the University of Wisconsin and an MBA from the University of Colorado.
Ken Jarrett
Principal
Ken has several decades of experience in commodity markets starting at BP Oil where he scheduled oil in and out of two refineries. He traded energy derivatives in at Bankers Trust, helping develop some of the structures that are widely used today. He moved to Chase Manhattan Bank where he managed the oil derivative business and grew it exponentially at JPMorgan Chase. Ken held the title of COO at Ikon Global Markets, a retail FX firm and helped grow the Oil brokerage business at BGC before leaving to develop his own boutique consulting business. He holds a B Eng in Chemical Engineering and Fuel Technology from Imperial College, London.
Brad McKay
Principal
Brad has over 20 years of energy trading experience in both physical and financial trading at Morgan Stanley, OGE, and Enron. He has managed location and storage risks for physical natural gas portfolios using both fundamental and analytical modeling techniques. Following his energy trading era, Brad obtained a CPA and now provides professional services to businesses and individuals. He is a graduate of Rice University.
Risk Management
Help enable the organization with best-in-class risk management strategies and processes.
Valuation & Optimization
Model physical assets using real-option methods that when combined with vanilla derivative instruments provide risk sensitivities for simulation.
Technology
Develop and implement technology solutions to understand commodity derivative portfolio valuations, physical purchases & sales, and logistics — including transport, storage, terminaling and refinery assets
Due Diligence &
Interim Expertise
Embed expertise to validate calculations, evaluate risks and report field exam results or secondment to represent stakeholder interests.
2299 Summer Street (#1038) Stamford, Connecticut, 06905
(917) 213-0327
