Could any of the experienced traders on here offer some insight into taking advantage of the upcoming volatility in intra-day Treasuries price-action? Is it mostly done via TY futures and options or are some of the directional, leveraged ETFs (e.g. $TYO) also attractive? Or are indirect strategies preferable?
I'm curious why you think there will be an increase in upcoming volatility intraday?
My opinion as a trader is: markets are random, scalping/daytrading is a hard (some would say impossible) way to make a living. I like to trade options because there are more ways to win. I can collect theta (time) decay even if the price stays fixed.
If for example you think bond yields will increase, then you're bearish on the bond market, so that view could be expressed by buying a calendar spread... eg in $TLT, sell the May $130 put and buy the July $130 put. The goal is that the May put decays in value while the long-dated put decays more slowly. Increased volatility will have an outsized effect on your long July option. You can do that trade for $192 per 1-lot.
But to be clear, that's very different than scalping in and out of a position intraday.