### Comment:
Yeah and spread is too big. I think jan end of month is only viable. But would 3500 be max possible loss? I think it can be more maybe? Otherwise the pros too far outweigh the cons. 3500 at a chance at exponential gains with barely any upticks. Ill have to test in paper account first.

### REPLY:
If you’re purchasing an option why would max loss be more than paid?  ES contracts are $50 a point and trade in ticks of .25 ($12.50). Knowing $50 a point and 5 point spreads, that’s $250 per spread, plus all fees and commissions.  Best way to know is to search your brokerages website, or call them.

### END.