I'm very new to options and options pricing overall and have a pretty basic question about beating the system. If the underlier of the option or derivate changes is there any indicators that can be modeled in real time ie. the quote data being received that can be used to give an investor some indication of the direction of the new price or value of the option before the market maker has rebalanced the prices? I know the rebalance happens in sub milliseconds but I'm just wondering if something like this could be possible in theory? Lets say I have my servers colocated at CBOE.