Here is a review of my option trading system using SPY & QQQ.
1- Wait for a breakout on the 15 minute chart,when the price bars breakout above or below the 23 & 30 EMA in sync with the RSI breaking above or below the 50 line.
2- I look at the option tables 7-10 days out.
3- I buy options with deltas 75-77.-
4- Offset my options when my greed is satisfied $$$$$$$
Have you explored any "bottom/top picking" methods? Severely oversold/bought situations? (Low/high rsi situations?)