I guess we can't have everything.

But that example you suggested is quite good one.

Its more expensive to buy alternatives, but can it be more safe? I mean you could drop all the premium. Also keeping in mind, options has time value that impacts the premium.

Then again on spot, you could easily get stopped out in precisely the exact same time period.

Which is more risky? How can we analyze it even more indepth?

Which brokers are compatible with ISE?