Paid Daily · Resources · Ask Plutus
Why It Might Finally Be Time to Sell Upside in Crude Oil
NowPress play to follow along0:00 / 4:30
Chapters3 segments · tap to seek
ticker lesson
Breakdown
0:00CLZ6· ticker
Crude oil — short call spread, $97 98 strike
- Short call spread with 53 days to expiration
- Selling November 17th 97 98
- Collecting 24 cents in credit
- Geopolitical risk repricing
- Iran ceasefire deal possibility
1:49WTI· ticker
WTI crude oil — contract details
- 1,000 barrels per standard sale contract
- $1 move = $1,000 per contract
- Minimum tick 1 cent per barrel
- $95 = $95,000 notional exposure
- Retail trader exposure substantial
3:43CLZ6· ticker
CLZ6 — short call spread risk/reward
- Selling 97 call, buying back 98
- Risk $760, credit 24 cents
- Break even at 9724
- Max loss at 98
- Take profit at 50%
Informational only — this is tastylive’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.