I've been reading up on SSFs and fail to see any real benefit beyond leverage. They are far less complicated than options, however, they don't offer the "protection" options do if the trade doesn't go the "right way". A lot of folks say SSFs are a way to hedge. I don't see what they offer over options in that regard. With options, you're out your premium in the worst case scenario, with SSFs you could be completely wiped out quite easily <B>AND</B> owe your broker money to settle the <b>obligation</b> you have. Just imagine if one had purchased a few SSFs for THC .... Edjumicate me.