Perhaps someone can explain the flaws in my thinking. First, e-minis claim tax benefits because of 60/40 rule where 60% is taxed at Capital Gain rate while 40% is taxed at personal rate. How exactly is that an advantage. I am in the 30% tax bracket, so it is better i think to have the entire amount taxed at the capital gain rate which i think is like 25% or less. Next, from what i can tell, and i am very new to Eminis, just been doing some research online, you need approx $3500 in your account per contract. Now assuming i had $3500 in my account and i bought 1 contract of ES, I would bank $50 for each point the ES goes up. With stock options, lets take an $2 call, for the same $3500, i can buy 17 contracts giving me a $1700 gain for each point it goes up. No i realize stock options or even index options don't move nearly as quickly as ES, but to get the same $50 gain i would only need the option to move 3 cents higher (.03) thats only 3/100ths of a point. Again, i re-emphasize, i know almost nothing about e-minis except what I wrote above, so what i am hoping is that you experts out there can please correct my potentially flawed thinking and tell me where i went wrong and that the ES is actaully a better vehicle. I just dont seem to see the advantages. I hope i am missing something. Please no hate responses telling me how stupid i am or how i dont know anything because i already know that i know almost nothing. I only know what i read on cme.com and what Interactive Brokers help desk told me) Also, one last point. CME website says that options on futures requires NO margin and that all i do is multiply the premium by $50 and that is the cost of 1 contract of the option. Interactive Brokers says i need that same $2000 margin for options on futures. Who is correct? Again, thanks for reading and i hope to get some great responses to my questions! Thanks All!!!! THIS BOARD IS GREAT!