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 up. SPY +3.50.Today signal is bullish as if back to normal as yesterday bearish signaling. So I will see SPY to come down to 667.0 area, will bounce go high, high 672, breakout to 674-675 will hold up high to close. Alert if it fake, SPY open run up high 672 then fall , break 666 will come down to 663-662. may stay low to close.
This sell signal usually mean will down -3 points from they price. 666-3=663. original was very accuracy. Now little change so not sure, let see it is real for today or not. 663 low. May take a few more day to be sure what it mean.
the Trade will back to follow normal signal,,bullish today will long it a low 667, sell 674. Cut if break 666.
Bullish signal.
Good luck.