So read the most relevant OT books and get on with it! Genesis, Exodus, Duteronomoy, Ruth, a little of the major prophets, Job, Proverbs 8, Psalm 22,23,91 I think? I'm probably missing a lot but seriously it's not needed if you want to understand NT context. I mean the rabbinical culture that Jesus was dealing with in the Gospels was based on a side-conversation the Jews were having about the Torah, not even about the Torah itself. So you'd have to read the Mishnah as well if you really wanted the full context.
I think it's safe to say that analyzing any historical work requires a bit of back referencing. I believe I watched Spaceballs before watching Star Wars, and I think I enjoyed Star Wars more because of it. Can't say for sure, it was a long time ago.