How Macro Risk's Chief Energy Strategist Is Trading the United States Oil Fund

The video discusses recent trends in the energy complex, focusing on trade headlines and concerns about China's growth. It argues that these are noise and highlights market fundamentals like WTI backwardation and tightening US inventory. The trade strategy involves using USO options to leverage potential oil price increases, explaining the use of puts and calls to manage costs and risks.

How does the export channel impact the global oil demand picture?

What is the rationale behind selling a put to fund a leveraged bet on calls?