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 is the significance of the levels mentioned in the context of the S&P and crude oil?

What strategies does the speaker recommend for options trading in the current market?