Quote from FreakofNature:
Not sure his reason but you can scale out in SPY. To scale out in ES you need multiple contracts and that means mucho money.
Quote from JoshDance:
Good point FoN, thanks...
BTW for any watching the markets at this hour, why the hell is ES up 9 handles (low to high) in Asia? I see some mumbo jumbo about a weak yen, blah blah, but any other reason?