Has anyone here had success, or know anyone who's had success, scalping at the money SPY options intraday? I'm talking down to as short a time frame as just a few minutes? I've been paper trading this strategy with real time data of the SPX using basic trendline analysis and technical indicators, and waiting for high probability setups like oversold stochastics bounces off established lower trend lines etc, or breakouts from triangles. A small moves in one direction in a few minutes can be a 10% move in at the money options, either direction, and with lower commissions from brokers like Optionshouse, it looks like it could be a viable income strategy. Crude, time consuming, and all day monitor watching for sure, but that is how I trade! Anyway, my thought is the SPY options market is the largest options market volume wise by far so it has tight bid ask spreads and hopefully enough volume to get market orders filled quickly. As with any paper trading strategy, many times, they don't quite work out very well in the real market. What are your thoughts for anyone who regularly trades options? Thanks for any info and help!