Don't believe all the BS people and daytraders in particular tell you about their awesome returns. Go look at the returns of the big trend following CTAs to get numbers matching your "weekly trading" idea. MAN GROUP AHL returned something like 14% annually since 1996 after fees. So that's...
Buying far out deep OTM puts on these explosive upward moves is a lot less risky than outright shorting into them and adding to positions that might go against you (a lot). Just my 2 cents, good trading everyone.