Well first of all, paper trade a little bit first, maybe for a couple weeks or so and get the feel of these options. If you havent already, go learn about the greeks. Look up the Delta, Theta and Gamma. Delta and Theta of stock options are your 2 most important greeks, they will let you know what to expect with options movement compared to the movement of the stock price itself. And it sounds like u would want to hold a trade anywhere from a day or 2 to 3 days even. If so then you would want to be looking at an hourly chart, a daily chart and also a weekly chart. Always use multiple timeframes for a stock. And make sure whatever indicators you like to use are in harmony with one another across all of those time frames, harmony with different timeframes is key!!
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