I was thinking doing nome long term trading.. I'm going to need some leverage and was hoping to do it with options. Right now I'm looking at XOM which is currently trading @ 88.03 * 88.04. The MAR 20 65 call options are traing @ 20.00 * 22.30. That sure is a TON of slippage, how does anyone expect to use options succesfully when you have to account for so much slippage? or are there other options I should be looking at?