Hedging using CBOE options

Hi Folks,

I am wondering what are your thoughts on Gamma scalping or delta hedging using options.
For example
Lets say Buy 2 lots on CBOE EURUSD (6E) put options (1 lot = 125K) 30-60 days of expiry and on spot buy 1.25 (standard lot) or buy 1 lot of futures
And delta hedge daily based on closing.
You will only loose time value which is effectively null until you get into last 2 weeks of expiry.

Thanks.

Is there a good difference between spot and futures?

Not much. Futures have built-in interest quarterly. For example, now it's March contract so it may add 30 pips. So spot will be at 1.22 and futures will be 1.223 and daily pips reduces. The good part about buying futures instead of spot in this case as you have already bought 2 put options there won't be any additional margin required. Also, CBOE options are liquid under NY hours. Since it is a hedged position it shouldn't matter.

It seems to me that hedging today remains one of the most ambiguous methods of working in the market, and this applies not only to options, but also to forex, and then of course you have to make decisions individually. Because for some traders this method is what provides the necessary dynamics and ability to act correctly and profitably. While for other traders it can be something extremely risky. If you yourself feel and see that it gives you the necessary confidence, then you're absolutely fine. If not, then don't hesitate to give it up so you can find something really worthwhile for yourself tomorrow.

This is strongly criticized by representatives of modern trading. So I definitely wouldn't recommend it to everyone. Well, maybe only for a demo, so that you can see how it works and maybe choose for yourself some things for the future. But here it is already the case, you act as it suits you.
The main danger of hedging is that here you need to act quickly enough and quickly insure yourself if necessary, and it is really difficult and dangerous, and here you can be mistaken for this artificially created panic. Is it worth anything? I'm not sure to be honest. Although, of course, I could be wrong and it may be worth taking risks more calmly. But we are talking about real things. And about real money.

I have been trading EU futures options since 2015.
Only selling works and 120 days of expiry are needed.
You also need to get trained in continual adjustments to be done from time to time.
But the returns are lucrative.

No other pair has even given any profit to me. So since 2015 I have stuck to the selling of only a single pair. EU only.