How to Trade Options on Copper During Supply Shocks

Episode 13 of Options Trading with Fexingo dives into options strategies for commodities during geopolitical supply shocks. With the Strait of Hormuz closed and oil surging, Lucas and Luna walk through how to trade calls and puts on copper using the backwardation curve and volatility term structure. They reference the VIX at 16.93 and the small-cap rally (Russell 2000 +6.3% in 5 days) to frame the macro setup. Specific trade structures: buying out-of-the-money call spreads on copper futures options to cap risk, and using put backspreads if contagion fears spike. No Greek math overload — just a clear playbook for retail traders. Includes a natural, low-key donation moment around listener support. #OptionsTrading #Copper #StraitOfHormuz #SupplyShock #Commodities #CallsAndPuts #Volatility #Backwardation #Contango #Russell2000 #VIX #RiskManagement #CallSpread #PutBackspread #GeopoliticalRisk #Finance #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo