See image attached, looks like CME and SGX may offer these from what I've researched. But I can't find any actual broker where these show up. Looks like limited volume, but wondering if a market maker would make the other side of these options if I wanted to trade them each month.
I don't see any volume on them though, I'm wondering if it's just a price indication/marker and I wouldn't actually be able to do any decent volume trading on them. When I go to the CME website and try to lookup a quote, it doesn't find anything.
perhaps that particular commodity is not popular or tradable at cme. one can go to sgx to find a broker.
Thank you, Mervyn. That's where I am looking now. Just sent them an email for customer support. I'll see where it goes.
Hedge something else price related to it. With limited premium risk via options instead of trading the futures contract and unlimited risk.
And hoping the market makers will add the volume/liquidity needed to trade it if show interest in it.
In this world, there are thousands of financial instruments with zero volume from the hundreds of Exchanges. If you are looking for illiquid futures/options, then you will be very happy as there are thousands of financial instruments for you to choose from. There are hundreds of MSCI index derivatives, computer memory derivatives ... with zero volume. But the Market Makers have other better things to trade, and they have to bring home the bacon everyday.
I'm not looking for an illiquid futures option to trade, that is the specific one that I need to trade for a hedge related to pricing of other material. However, I can't find where to trade it because it is illiquid. So what I'm trying to figure out it how do I trade that option on that contract...