Anybody know of an intraday trading vehicle that would move proportional to the tightness (of trading range) or flatness of the daily, 60min, or 15min of the nyse, qqq, smh or other index?
Basically, if I think today is going to be tight or flat, then this thing would give me a nice profit. I know selling option spreads might do this, but the timeframe for that is too long.
I guess the boredom today is getting to me.