is a cash cow! Today, after the early morning sell off, I targeted a strong bullish trend
based on IV and Volume
Avg to DMI
. The point I'm making is in a high volatility
performs very well with options. I entered a Long Call for DEC
Strike 114 when the asking price was just below 112. I use the 15MIN chart for entry, calibrated underlying to my premium Bid entry and the rest is history. Note: Where most scalpers get white knuckled is at the first gain peak - this is a surge upwards (or downwards between 10:15 AM PST to 11 AM PST. Then there is a reversal, and at times a sell off. For risk aversion - watch for a .25% to .30% pull back on price. If it stops here, then you'll see a continuation, as shown with this chart.