Sell the 62 put. Buy the 60 put. $2 wide spread on micro WTI crude oil. $40 in credit. $160 in max risk. The thesis is one level: $63. That was the low before the Iran war started and markets tend to remember levels like that after a major geopolitical shock. The short strike sits just below support. The long strike defines the worst case. Chris Vecchio is not picking an upside target. He is trading the probability that crude stays above a level the market already showed it cares about. 🎙️ Chris Vecchio | Five Minute Futures | @CMEGroup x tastylive #CrudeOil #CMEGroup #FuturesTrading #tastylive #MCL #OilOptions #DefinedRisk #Shorts tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a season...