Alternative Reality

[dotnet]

you should trade spx,ndx,rut futures with stop losses instead of options. available almost 24 hrs. no overnight manipulation. since these are absolute numbers, stop losses are much better.
for example last week s&p top was around 4301. if you think s&p top was 4290. you short 1 contract at 4290 stop loss at 4300 which gives -500 loss if it goes 4300. if the stop is triggered you immediately short at 4300 and stop loss is 4310. since you are assuming your top is near you keep shorting with 10 points stop based on your risk. you are just trading absolute levels with high probability. if you are right you will catch 100-200 points. if you are right your stop loss won't be hit and you keep moving your stop loss and if by any news it rips hard you will stay profitable. every 10 points you will make 500$. I think e-mini futures are less expensive and less gains. to play 1 contract all you need is 25k margin account. if you catch 200 points you can get 10k for just 1 contract.
Last week was from 4301 to 4118.