The micro futures options have proven to be a valuable tool for adjusting my greeks on a daily basis. I was a little worried about the liquidity, but liquidity has not been an issue. I wish they had thought of this sooner.
How is the micro options pricing compared to the minis? Are they basically 1/10th the cost of the mini options?
I wish. The options commissions are the same as for the minis. I see it as just a cost of doing business, because the benefit I get from daily adjustments is greater than the cost of the commissions.
pricing in the sense of mid price Bid / Ask of Micro options = mid price Bid / Ask Mini Options? in other words 10 Micro Options bid ask should be same as Bid /ask of 1 Mini option! having said that with 10 Micro Options you could get diff fills where as for 1 Mini Options! Same as if you trade 10 Micro Futures you could get diff fills where as for 1 Mini Future! True or false
Yeah, that's basically what I was asking. I may have worded it wrong. I'm talking about the price of the option itself, not commissions. Like, if a NQ call option costs $10 with a Dec 31 strike of, say 12000, does a MNQ call option cost $1 with a Dec 31 strike of 12000. On the options table or whatever you call it.
I guess they should be same .. otherwise the "wise guys" would arb them ! has anybody put together a ratio spread on an autospreader of 10 Micro options against 1 Mini Option ( same strike same expiry)