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In this insightful episode, Dennis and Andy delve deep into the concepts of contango and backwardation, explaining their roles in futures trading and their impact on investments. They discuss how to build a well-rounded energy portfolio, emphasizing the selection of ETFs like USO for crude oil and NLR for uranium. The discussion includes strategic allocation, market insights, and the importance of diversifying into alternative energy sectors. They also touch on options trading and the current undervaluation of energy stocks, highlighting potential opportunities for significant returns.