I would like to know the practical aspect of trading options strategy intraday. If suppose I am looking for 20 tick sl for probable move of 30-40 tick dirction which is the the best option strategy to go for if margin or expenses are not the issue? (Better risk reward ) 1.Bull/Bear spread , Ratio Spread or Butterfly 2. How does the effect of weekly options as compare to monthly expiration cycle. Thanks
Definitely not a best practice, but I scalp the $VIX all the time. It moves up and down so much its cake grabbing 20-30 points in a short time frame (an hour or two).