Out of the 22 futures that we trade, Crude Oil, /CL, is currently displaying the highest level of volatility at 38%. This commodity is also one of the most heavily traded and liquid futures markets. Plus, the price of /CL has dropped roughly 15 percent since late 2019.
With all of this information in mind, tastytrade looks at a bullish play that incorporates futures options, ultimately boosting the probability of profit of the trade. Tune in for the setup, strikes, and management outlook!