# @tastyliveshow on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=DLopMHGUvdo
- **Gondola URL:** https://gondola.cc/posts/67235053-tastyliveshow-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/9e7abdecc3.jpg
- **Posted:** 2026-06-28T15:00:07.000+00:00
- **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow

## Caption

Crude oil already absorbed the Iran war shock. The pre-war lows near $63 became a level the market clearly respects. Chris Vecchio is selling a defined risk put spread just below that support using micro WTI crude oil options from @cmegroup  Sell the 62 buy the 60. If oil holds the spread works. If $63 breaks with momentum manage immediately.

This is not a bet on a rally. It is a defined risk trade built on the idea that a support level can matter. Take profit around 50% and move on.

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Chapters
0:00 Why sell a put spread in oil after it has been falling
0:23 The thesis: pre-war lows near $63 are the floor
0:46 The trade: sell 62 put buy 60 put $2 wide
1:27 Why $63 matters after the Iran war shock
2:00 IVR below 30 but raw vol still near 50%
2:47 Take profit at 50% of credit
3:07 If $63 breaks with momentum reduce risk immediately

#CrudeOil #CMEGroup #FuturesTrading #tastylive #FiveMinuteFutures #MCL #OilOptions #DefinedRisk

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 seasoned veteran.

tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/.

Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request.

tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.

## Stats

- **Views:** 1,042
- **Likes:** 35
- **Shares:** 0
- **Comments:** 0

## Tags

futurestrading, definedrisk, fiveminutefutures, crudeoil, mcl, oiloptions, tastylive, cmegroup

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