Manage Crude Oil Risk with Weekly Energy Options

On Sunday Opec+ agrees further oil output boost by 137K barrels per day, but less than Sep / Aug output, when market open it went higher.

How to manage short-term risk, in this case opportunity with CME Group weekly energy options on such a scheduled announcement?

Crude Oil Futures & Options
Ticker: CL
Minimum fluctuation:
0.01 per barrel = $10.00

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• What presented here is not a recommendation, please consult your licensed broker.
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