Options Insight: How to Trade the SPDR S&P Oil & Gas ETF

The video discusses upcoming risk events, including OPEC, the Italian referendum, and the FOMC meeting. It highlights the current low volatility in the market and its implications for equities. The options market's perspective on OPEC is explored, noting low implied volatility and specific trading strategies. Recommendations include being long convexity and using options to hedge or capitalize on potential market movements.

What does the text suggest about the expected volatility in the new year?

What trading strategies are recommended for clients regarding OPEC and oil?