spindr0, I understand what you mean about percent, but to make the same money would require increasing the number of contracts, which means added liquidity problems and added commissions.
ForexForex, thanks for the input. I actually ran a filter on Finviz ($>100, AvgVol>1M, PE>0, Current>1, USA) and came-up with: AAPL, AMZN, CMG, GOOG, MA, NFLX, PCLN so it's good to see I'm on the right track. I'm not going to be sitting too long. I just want to start following these stocks for a while to learn their personalities. And, I am interested in how your trade goes. Thanks.
Of course, I was reading today, and bam, something huge, *IV*:
http://www.investopedia.com/university/optionvolatility/default.asp#axzz1Rp2r18RV
And here I was thinking this was going to be as simple as, I "know" a movement is going to happen. I guess now I will need to know before everyone else in order to capture it.