Check out the Emini ES options on the electronic markets. The volume/liquidity is going through the roof. As others have said the opportunity is there like anywhere else. The margin is different, but also more advantageous. And the ability to hedge overnight with the ES is comforting. Personally I wouldn't touch the floor options for obvious reasons. http://www.interactivebrokers.com/en/general/education/webinars/cmeMay2005.html
Yes. IB. mainly ES, ZN. Recently trying also EUR and ZG. Stay electronic. There are big disadvantages for retail traders in the pits. Choose markets to trade based on the liquidity and bid/ask spread. My impression is that many options on futures markets are gaining rapidly in liquidity....IB deserves a lot of credit for helping this happen.
I know maybe you are not trading them but what about other commodity markets like crude, gold, silver..... Anyone trading options on these??......These are the markets that are being exploded, well a while back that is.......
I'm not aware Crude has options trading electronically (not via IB, anyway). Gold is ZG I mentioned earlier. I'm sure silver has options as well, but didn't try it.
My apologies. I was under the impression that IB did not give their clients access to pit markets, including pit options. Since I was not 100% sure, I hedged my reply with 'I think'. It's not really 'misinformation'. I was stating my belief and it was written as such. You should consider getting into politics. Question: how much does IB charge for a Big SP option, for example? Best regards,
dmcw, Our commissions are published here: http://www.interactivebrokers.com/en/accounts/fees/commissionFutures-FOPs.php?ib_entity=llc
Follow up question to that: how do your clients obtain the bid/ask on floor options? Do they see that on the platform somehow? It's an honest question. I really don't know. Thanks