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 up, SPY+ 2.80. today signal a weak bull and a big sell signal, usually this sell signal is 95% for real. So I will look for SPY to come down to 674-673, breakdown may go down to 670-668. but it is a bull signal, I expect it will bounce some from the low to finish the day. SPY 684-685 high, low 674-673, breakdown to 670-668. may back to finish in 680 area?
Trade will see how it open and run, will go high then fall, high 684-685. >>> low 674-673. may go long it if down to 670-668.
If fast drop to 674 in the early session, can bounce back to may over 680.
Care watch how it open, seems little trick. but the sell signal most of the time is real bad, will come down very low, be alert it go long.
High 685>>>> low 674-73 # are estimate not exact.
Good luck.