1. the best opportunity to purchase calls is at support from retracing, or after several days of horizontal consolidation after a big run, never jump in when it already had a huge run.

2. buy next month option, which will give you some leeway, if the stock doesn't move immediately. don't buy current month calls, unless you are 80% the stock is going to take off within 1-2 days.

3. for current month option, exit half if you have more than 100% profits, or the stock reaches price target.

4. for high iv strong stocks, buy stocks might be a good option.

5. for short term uncertainity, buy spreads (calendar, or vertical), if stock trades sideway or down, at resistance buy back the sold call, and let the other call run for profits.

6. diversify: a. sector diversify, choose the hottest sectors, like shipping, hightech, agricultural chemicals, iron-steel, copper, aluminum, oil, and chinese blue stocks. For each sector, choose 1-3 best players, and group them into a team for each period. this will reduce risks.

b. timely diversify, use current month, next month and leap call to hedge the volatility.

7. buy 1-2 calls each time for each stock. in order to reduce single large loss, avoid buying expensive calls (>5$).

8.check charts daily for price target and trend, be prepared for profits taking.

(to be continued)