There are reasons fundamentally to be bullish crude oil in the current market. Summer driving season approaches and the oil supply glut has been diminished. If you share that point of view and wish to speculate with /CL, below is a trade you may find interesting.
May /CL trading around $50.60
Look to buy a call butterfly structured as below at a debit of around $2.30 ($2300 trade cost).
Buy one May 47 call
Sell two May 51 calls
Buy one May 55 call
Consider closing the trade if a profit of $230 is reached(10%).
Close the trade if loss reaches $200