The problem with delta (directional) option plays is two-fold. 1. Adjusting for Theta (or premium) 2. Delta risk. Spreads can mitigate some of those pit-falls, but it is not just trading a spread, but the right spread. Buying a call-spread with short premium ("juice") is easily done. Many will be scratching their head when you say buying a call spread for with short-premium. What you are doing is buying a slightly in-the-money (ITM) call and selling the at-the-money (ATM) or out-of-the-money (OTM) call. The trick is finding one that gives you the largest amount of short-premium. This gives you a down-side buffer and also positive theta. If you start looking at options as long/short net premium values, rather than net values - it will help in your decision making. The strategy is analogous to a collar or (covered call with protective put). Pretty soon - you begin to realize that calls and puts are the exact same thing. It's all about gamma and curvature. for what its worth....
Great point, however it is also a good place to share ideas. I certainly wouldn't come here to get stock tips.... Advice and information are not always one in the same.
While I might not agree with you, I can buy your argument on what you consider an uptrend... It is not just a single dumb indicator, bt some thought and guess. Fair enough.... Christian