Buy Crude Oil Calls, Mark Newton Says

The video discusses market trends for the S&P and crude oil, highlighting oversold conditions and potential trading strategies. It covers technical analysis, sentiment, and the correlation between crude oil and equities. The video also explores volatility in the crude oil market and suggests options trading strategies to capitalize on potential rebounds.

What was the sentiment around the S&P 500 in May according to the analysis?

• Positive due to seasonal trends

• Negative due to ongoing trade war concerns

• Neutral with no significant changes

• Very positive due to trade agreements

How did crude oil prices correlate with equities over the last six months?

• They had a weak negative correlation

• There was no correlation

• They had a strong positive correlation

• They moved in opposite directions

What strategy is suggested for crude oil given its oversold condition?

• Consider a reversal strategy

• Continue shorting crude

• Invest in crude futures

• Avoid trading crude

What is a key consideration when buying options according to the trading strategy discussed?

• Buying options with the shortest expiration

• Ensuring enough time for the trade to play out

• Choosing the cheapest option available

• Avoiding options in volatile markets

What is the suggested action for crude oil options in the current market scenario?

• Hold existing options

• Buy call options

• Buy put options

• Sell call options