The Risk of Mispricing of Mini Futures

There's no even standard practice for pricing, or maybe it's not publicized enough. The risk in the mini future is similar to the risk of very short-term, deep, out-of-the-money puts. If there is a mispricing, what can happen is that hedge funds or clever investors pile into the position you are mispricing just before the earnings announcement. And then you might have an outside position exactly at the time where you don't want it to have it.