Need help finding a way to trade with a 1/100 (risk/reward)

[KINGOFSHORTS]

Could someone please point me to a relatively safe trade with a 1/100 Risk Reward.
For example, I'm willing to risk all of $10k (and lose it all) in order to potentially make 100 times of it which is $1 million.

I'm not looking for a trade, but a way to best make the trade. That is, using which instrument: options, futures, stocks, pairs, forex, options on futures, etc.

I'm guessing options would be the way to do this, but which option strategy is most likely to potentially provide what I'm looking for? E.g., spreads, iron condors, butterflys, etc. I really don't know much about options, except straight calls and puts.

Some parameters on the trade I want to make, which might help you in answering my question:
I plan to make a short trade, in a fast downward movement environment with increasing volatility.
I will be looking to stay in the trade for about 250 days (I will exit the trade after ~250 days).

Well, actually, while you're at it, if you could tell me what exactly would potentially have the best chance to provide a 1/100 risk/reward in the scenario outlined above: /ES, TVIX, /GC, etc.

Thank you!

It was only a matter of time before the wsb asylum bursts and some land here.

 

[Options100]

1. Only trade on Friday
2. Find stocks with EXTREMELY high RVOL. You are looking for 4-5x RVOL on stocks like AMZN,TSLA,BA,etc
3. Hope for a 20-50 point move.

 

[anycolour]

1. Only trade on Friday
2. Find stocks with EXTREMELY high RVOL. You are looking for 4-5x RVOL on stocks like AMZN,TSLA,BA,etc
3. Hope for a 20-50 point move.

Thinkorswim doesn't have an RVOL indicator. What's the closest thing to it in Thinkorswim? Thank you!

 

[notagain]

ROKU down 14% after beating earnings estimate

 

[anycolour]

Thank you @notagain. How would you trade the Roku scenario.

1) Would you have traded it before earnings? Held through earnings release?
2) Buy the dip / continue shorting?

And your reasoning behind your trades?

Thank you!

 

[anycolour]

Thank you guys for your help! Especially to those encouraging and providing advice for executing my idea. But I also appreciate those shooting down my plan, I understand where you're coming from too.

 

[Options100]

Thinkorswim doesn't have an RVOL indicator. What's the closest thing to it in Thinkorswim? Thank you!

Not built in..

Do some google-fu and you can find the appropriate thinkscript code.Create a column on your watch list and use that code, and you should end up with something like this.

The key to big trades. High RVOL + High TrueRange

TBH, if your plan is to throw 10k into a single trade, you will most likely lose. I would at least split that into 4ths.

 

[notagain]

Thank you @notagain. How would you trade the Roku scenario.

1) Would you have traded it before earnings? Held through earnings release?
2) Buy the dip / continue shorting?

And your reasoning behind your trades?

Thank you!

small throw away bet on a wild illogical stock, trades like a penny stock

 

[Options100]

If it helps any. Here are a few of the monster options trades from the past few months. I'm sure there are a few not on the list.

UNH - 04/16
UNH - 04/11
TSLA - 10/25
AMZN - 8/23
NFLX - 9/20
ROKU - 9/20
AMZN - 10/25


Basically, you need a big directional move on a large-cap, on a thursday or friday. Those type of opportunities don't come too often, so you might be waiting a while.

 

[ironchef]

Buy TSLA

Options.