My newest and next greatest idea involves swingtrading either ES,NQ, or YM instead of daytrading. Being much more careful than in my younger years, I wish to identify my risk at the inception of the trade. To avoid technical problems and overnight large moves, I will not be using stops. Rather, I will purchase options to hedge my bet on the minis. My question regards the proper hedge technique. If I decide to short ES at current levels say 1110 and buy SPX call options for Jan 1110 at $14, how many option contracts do I need to buy to set my total risk to 14 ES points? Comments and suggestions are appreciated. Savage