This is the current price chart for CISCO in 5min candles: The fall was because Amazon said will probably sell network equipment. When we get news and movements like this (look at the first 5min candle, is huge compared to the others, and in volumen too), there is a really high chance to get a big volatility on the next 1 hour at least. Is possible to create some strategy with options for special situations like this one? I'm very new in options, so I'm not sure if is possible to buy/sell them so quickly, or if the prices for options changes dramatically on the first 5min and is not possible to take advantage of this volatility? What do you think?