Hi,
I have been options trading for more than 10 years - mostly on the US markets. A few months ago I decided to try the ASX ETOs. I am frustrated with trading options in Australia - bid/ask spreads are awful, liquidity is almost non-existent even on the most 'liquid' of the stocks. As an example, a few days ago tried to enter a NAB bull put spread by selling NAB June 15 $30.64 puts and buying NAB June 15 $29.65 puts when NAB was traded at $31.80. The quotation I got was a credit of $0.15 bid - a debit(!) of $0.005 offer. Seriously, who would enter a credit spread for a debit? Is anyone actually trading successfully using ETOs on the ASX?
- Forums
- International Markets
- Options Trading on ASX
Options Trading on ASX
Featured News
Featured News
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online