Dr. Jim Schultz discusses futures options trading post-Easter, emphasizing selling options on futures. He notes general downtrends across major indexes and highlights the unpredictability and post-fact clarity of market movements. Jim reviews portfolio positions, considering strategies for stocks like Reddit and Diamonds, and introduces selling a strangle in MNQ as a new chapter. Despite poor markets for MNQ, he highlights its buying power efficiency compared to QQQ for investors with smaller accounts or seeking IRA-friendly strategies. Jim says that futures options are typically European style and cash-settled, providing a simpler, more approachable way for traders to engage with financial futures without concern for physical delivery.