If one were to trade a mean reversion swing trading system with a length of holding time of 7-10 days using OTM/ATM/ITM options, how would Imp vol impact the long side of this trade? For starters & comparison...If I sell the rally, getting long puts I would have both price & an increase in IV in my favor on the trade as the mkt sold off, thus increasing put premiums. But what about on the long side? Getting long calls on a dip? Price movement would still be in my favor. However, wouldn't one be entering the trade after a sell off, which would pump up the IV, leading one to pay up for call premium & only have IV deflate as the mkt rallies. Thus, leading to less profit appreciation in the trade regardless of price movement? Any ideas to remedy while still being long call premium to advantage the upside rally? Yes, this is what one thinks about laying in bed on a Sunday morning on a beautiful Forth of July weekend. The game is always in play. I'm sure you agree.