I am looking for something that I can trade "just like the futures" but with limited risk/reward. I trade at NADEX now and I'm mostly pleased with performance/results. However, I can see a need to where eventually I might need to go to the larger options exchanges. Typically, I'm looking to hold my trades for 24 hours to 72 hours and would like to limit my risk to around 20 points. What would be the most efficient way to do this for a long trade? Would you buy call options or a vertical spread? How many points edge would I give up to skew the risk in my favor to say 10 risk, 20 reward? What if I wanted to scalp a spread with say 22 risk and 18 reward, I'd collect the premium on that? Let's say the ES is at 1295, 1295.25. At NADEX, I always execute at least 1 tick outside the best bid. I'd be executing at 1294.75 and 1295.50 (I give up 4/10ths point, I believe). If I traded spreads at the exchange could I get filled at 1295.25 or even 1295? Are there interfaces to where I can see the premium priced in points? And place trades using single clicks. The TOS platform is very confusing for me. I could not get the weeklies up. Any help appreciated. I know that SPY options, e-mini es, and emini weeklies are available. Due to the short holding periods, it is key that I keep the premium I pay down to a minimum while getting a very high delta and leverage. I think that limits me to the ES vertical spreads.