One of my futures strategies does best with a catastrophic stop. The problem with such a large stop is the psychology and having a huge loss and also having to close such a position out. I see 2 ways of mitigating this issue: A. Trade the vertical or call spreads instead of the futures. I am trading this system at NADEX and performance is good. I feel futures are the most efficient market. Right now its not an issue as my size is less then $50/point. B. Buy deep out of the money put option. I would like to get any opinion or experiences with using such options to protect against an active futures trading. Right now I can purchase the 1270s about $575 -- not sure when that expires though. In other words, instead of using stops, I'd carry a few deep otm put options and trade in-and-out without worry and without stops. I'm looking feedback for the feasibility and expense of using such a strategy and how it would compare to always buying the limited risk/reward spreads. Howard, so what you are doing is selling the put/call spreads OTM? I.e I buy the 1260 put and sell the 1275 put then I collect the full amount if we close above 1275?