I don't feel myself experienced enough to give you any tips. I literally opened my trading account during the August dip and didn't even know what options were before that.
I made my first profit on NVDA 120 and 125 calls on the august dip (+2k$ that I didn't post because it wasn't big enough to be posted), and that was just an obvious and simple trade to me. I look for simple and obvious trades based on my industry knowledge and I avoid industries I don't know or understand enough.
The only tip I can give you is to never gamble too much into short expiration options, 0dtes especially. Today I made an oversized bet into 0dtes because to me felt like it was an obvious one. I chose IWM instead of SPY today because I thought small caps would benefit more and spike higher than SPY in case of a 50bps cut.
To be honest I don't get too much into greeks or other overly complicated numbers, I just look for simple trades that I feel like are good enough to me.
https://www.reddit.com/r/wallstreetbets/comments/1fjkov2/the_most_bullish_chart_pattern_ever_iwm_240_price/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button
Massive bull pattern on small caps. Iwm 240 confirmed
What would happen if Powell told his relatives to buy puts on TLT and IWM, and then raised rates 2.5% tomorrow? Frankly, even raising 0.50% could make him a trillionaire within an hour.
P.S., beautiful poem. You're very talented.
You might be in luck. Possibilities include everything up, everything down, everything flat, or SPY down/flat and IWM up/flat.
In other words, your guess is as good as mine.