How to Trade the SPDR S&P Oil & Gas Exploration ETF

The video discusses the current trends in oil and the dollar, highlighting oil's strong performance and the dollar's recent downward trend. It explores the relationship between oil and the dollar, noting that dollar weakness could boost oil prices. The video also presents a trade strategy involving XOP calendar call spreads, leveraging perceived stock weaknesses relative to commodities.

What is the significance of the term structure in options trading as mentioned in the text?

What impact do you expect from Iran sanctions and Permian growth on oil prices?