You mean by buying naked options
Why not possible. Its very much possible.
- First and most important. Just check your greed in control.
- Better to trade ITM or next ATM options.
- Do not trade OTM/deep OTM options, unless you are
sure that you will get your target within expiry.
- Do not trade options on an event day, or get out of trade at right time. Now, what is right time, you will learn yourself, if you trade on an event day.
- Be it known that the sale value of the option trade will be included in the total turnover (for IT purpose)
- If you want to scalp, then you should take care of TO calculation, cost of trade (brokerage, taxes etc on a trade) etc.
Just a few suggestions and not the method of doing it my way, so use your discretion.
Also, one should know/aware of, what he is doing.