Today I made a deposit into my Scottrade account in the amount of $1,000.00 which I will use to trade $NDX options. Starting Balance: $1021.01 Methodology: I will be using the prophet.net Java Chart of $NDX set to 5 days, 5 min, with MACD. I will enter long calls under the following conditions: The MACD has crossed above the zero line ( 12 EMA has crossed above 26 EMA) and price has broken out to the upside. I will enter long puts when the MACD has crossed below the zero line (12 EMA has crossed below 26 EMA) and price has broken out to the downside. Essentially I am looking for situations in which there is a great deal of momentum such that the trend in place will continue. Where I decide to take a profit is discretionary. If the trend fizzles out and the MACD crosses zero in the opposite direction of my trade I must immediately exit or move my stop to just below the current price. Additional Rules: 1) No overnight holds. 2) A physical stop order must always be in place although the stop price may be adjusted such that I stay in the position as long as the MACD remains on the "right" side of zero.