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 down, SPY-4.10. Today signal either finish the day high or low, usually this is bearish, but recent it mean the opposite may times. I do think today it mean bull bounce , will be go higher after open drop first to the low. But may not hold up the high close. Estimate low 669+-, shall bounce go high, high 675+, can breakout to 680.
Trade Will see how it run after open, should open under 672 and down to 669, long it to 675 first stop, breakout to 680.
Will go long it , cut it if breakdown 669 later. It can be run up to 675 then fall back, because this signal either go low, low or high high. Long it alert it back down and break early low, if so will be bearish go lower.
Sell signal big time, but can be mislead too. Go long after open dro to low first.
SPY 669 >>> 675 -680.
Good luck.