There are three things I won't open for a contract:
If it goes up, I won't open it. Because it goes up for a month and then goes down in a few minutes. Once you open it, all the bad news will come.
If it goes down, I won't open it. Because they say that you shouldn't short in a bull market. Once you open it, all the good news will come.
If it goes sideways, I won't open it. Because the market has different views, if you open it, you will stop loss back and forth.