The Futures Rundown 78: Aging Crude Rally and Flesh-Eating Parasites!!!

In this episode, host Mark Longo is joined by veteran futures broker and author Carley Garner of DeCarley Trading to break down a wild week of macro action, massive energy spikes, and some deeply unusual livestock drivers.

Mark and Carley dive into the ongoing Middle East conflict's impact on energy, tracing why the crude oil rally is starting to "get old" despite the Strait of Hormuz remaining closed. They analyze the structural parallels between the current market and the 2022 price spikes, outline the best hedging strategies using micro futures and options, and explain why soybean oil is stepping up as a fascinating energy substitute.

They also break down this week's top movers—including an unexpected surge in cash-settled butter—and take a look at the dark side of the tape, where crypto (Bitcoin and Ether) and grains are experiencing aggressive liquidations. Plus, Carley reveals how "screw worm" flesh-eating parasites, border closures, and a multi-year drought have fueled an historic, toppy rally in live cattle futures.

In this episode, we cover:

The Trading Pit: Early vs. later-stage trading strategies during geopolitical conflicts; selling expensive upside call premium in WTI and Brent.

The Energy Overdrive: Why heating oil, RBOB, and soybean oil are pacing the year-to-date leaderboard.

Crypto vs. Equities Divergence: Bitcoin ($BTC) and Ether ($ETH) falling out of lockstep with the tech-heavy NASDAQ. Is Bitcoin still a reliable risk barometer?

Livestock & Ag Breakdown: Spotting a potential double-top in Live Cattle and how to manage downside risk using cheap options.

Futures Free-for-All Q&A: Carley's take on the upcoming move to 23.5-hour equity trading and extended options hours, plus cutting through social media "hype" coins.