Following oil’s big 8 percent drop on Monday, Benzinga had a chance to speak with Leav Graves, founder of Option Samurai, about opportunities that he sees in the options market that have been created by the move.

Graves mentioned one particular trade that stands out at this time.

Cheering Falling Oil Prices

The big drop in oil prices will certainly have an effect on many names in the oil & gas industry. According to Graves, while some companies are hurting, refiners such as Tesoro Corporation TSO 1.3% stand to benefit when it comes to the bottom line.

The Trade

Following the big move, Graves used…

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