Well anytime a market goes crazy the options are soon priced to cover the seller's a##es which is high. And the odds of making money 'buying' them 'after' the horse has left the barn is typically slim. Always best to pick a market that does have huge moves historically but is dead quiet and boring and then putting on the Option Strangle cheaply. You can always scan a bunch of markets looking for one like that which has become dead quiet. The option 'sellers' just can't get much money for the OTM options and they do make their living selling options so do sell them cheap. Then all you need is 'time and price action' to make exceptional money. So you do want plenty of time on them. You can watch fundamentals and do your homework in this plus watch the charts for tight explosive chart patterns within bullish longer term chart patterns. That's my observations of them in any case.