Indices have been pretty volatile with rather large ranges. I have been studying the day of and day before options on both puts and calls. Penny stocks I have found to be rather unpredictable recently. I am going to start this new strategy trading small for now maybe 1-5 contracts at a time. The goal is to have no bias even as the markets are working their way down. On solid red days I've found puts a few dollars off pay out. On choppy days the calls and options within a dollar or 2 are decent day trading opportunities. I'll continue my posts as I continue the strategy.