What are some reasons to trade ETFs instead of futures?

Quote from toc:

more smart money in futures and hence more strategies that will take out your stops and then go in the direction you wanted prices to go, i.e. beware of sharks in the futures pits. :D

True
 
I have a robust ES trading system usnig Daily bars, holding trades up to about 2 weeks and building positions up to 10 contracts at a time. I don't have enough account capital spare for this, so I looked first at SPY. If I traded 100 share lots, then my max position size would be equivalent to just 2 x ES, which is very manageable. But then I looked at SPY options and the leveraged ETF, SSO.

Assuming a simple long option strategy : ATM and a couple of months out, so low time decay, could someone clarify for me which is the better approach, please - SPY option or leveraged ETF ?

Thanks,

J.
 
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