I've been trading a 1 lot CL for a while now. I can handle more risk but I'm ''afraid'' of a black swan event/flashcrash that wipes out my account.

Would trading CL options be a good alternative? In that case I can define my max risk.

Who trades CL options here? Is the spread always 0.03-0.04 between bid/ask?

Have you browsed this thread?

Selling Options on Futures? I have been selling options on futures for years. But it is rare to find others doing it. I was wondering if there are others here doing it. I have been doing it for 5 years. Learned it from James Cordier's book. I have sold energy, grain, …

Mike