The Iran Deal May Have Been Timed for Kevin Warsh's First Fed Meeting. Rich McDonald of IG Explains

Rich McDonald of@iguk_official flew straight from the World Cup in Boston to the tastylive studios. In a kilt. His take on the Iran deal: something got rushed through and the timing relative to Kevin Warsh's first FOMC meeting is not a coincidence. The deal gives Warsh cover to call any remaining inflation transitory and deliver a dovish message. Meanwhile oil has a floor in the $70s and the futures term structure is already pricing it. Flat at $74 to $75 across the back months. The Strait of Hormuz proved you cannot rely on it for energy independence and inventories need to be rebuilt. Jermal bought an 85/88 crude call spread as a summer flare-up hedge. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom Preston's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 Rich McDonald in a kilt at the tastylive studios 0:22 Iran deal timing and Kevin Warsh's first FOMC meeting 1:15 Timed for a dovish message: the conspiracy theory 2:30 Oil floor in the $70s: here is why 3:45 Futures term structure flat at $74 to $75 5:15 Cannot rely on Strait of Hormuz for energy independence 6:24 Jermal's 85/88 crude call spread trade #RichMcDonald #IG #IranDeal #CrudeOil #FOMC #tastylive #KevinWarsh #WorldCup tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.