Hi, I'm wondering if there are any experienced futures options traders out there that can tell me what kind of liquidity you will get on the various index contracts eg. the e-minis. I'm wondering because I am considering a strategy that will require careful timing, but I want to make sure before I do this, that I won't have to wait 5 minutes for a fill while buying and selling options contracts. What is your average fill time when you are trading options on futures and what routes do you use? thanks for any insight, Chris
It depends on how much you're trying to shave off the bid/ask. If you're going for "better" than midpoint, you may be in for a long wait. If you're going for worse, you may get filled quickly. Don't crosspost.
Excepting technological issues, market orders are filled instantly. Remember, prices moving before your order arrives is a technical issue.