As you know, or should know, buying options is one of the riskiest and hardest ways to profit from the market, (and statistics continue to prove this out as most option buyers lose money). though they are still a great way to make money with certain trade setups and in certain market conditions. and to be enter trade precise and take profit. Bec high IV option premium is expensive now, the longer you hold you option would decay it value fast if it not go up or down, day trading is what we do now. Take profit accordingly, Trades are not a investment advice, consult your financial advisor for buying any stock. Below are the signals for day trading, for information only.
8:10 am. Futures is down, SPY-12. just hit my low target I though it would yesterday. Today signal is strong rebound as it usually mean, I see it bounce back to at least 680, but this used to be mostly recover all as 95% it do. So may back up as high as 686+. This signal no sell signal, mean can be open at low most likely, so can be open at low. I see 674-673 low, high 680>> may recover all to 686.
Trade for today, go long it, use 2 days expire for option.
Good luck.