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. US futures is down, SPY_2.50. Today signal bearish but will rebound go high, may Turn back down to close the day RED. I will see SPY to come down to 682-681 area , shall bounce go high, high 686.50-689, should not hold up bc it is a bear signal, may back down to finish under water – 684-683? So Look for SPY low 682+-, high 686.50 first stop, breakout out to 689. will back down to 684-83?
Trade will go long it after open drop to low. sell at 686.50- risk to 689.
Good luck.