PBR

Petroleo Brasileiro S.A. Petrobras

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Markets Live Recap: Our Experts Cover Oil, Earnings, and How to Trade Options

The Down fell another 630 points today after another oil plunge – but this time that focus was on the June 2020 contracts.

Yesterday, the May 2020 contracts fell as far as negative $40. Today, they were up to a positive $9.

But the June contracts fell 36% to $13 today as investors are beginning to realize that the "new normal" is likely lower oil prices for longer as Saudi Arabia and Russia aggressively try to drive U.S. producers out of business.

In addition to oil, earnings were in focus today.

Here's what our experts - Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani - saw in the oil markets, think about upcoming earnings, and how to profit off implied options volatility in any market.