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Hello Snake,

Have a look at the links below to the “Options Mentoring” thread which covered a lot of the relevant issues over a year ago, much of which is still relevant if comparing the Australian market with the US.

I have also posted comments on a range of issues with the Australian options market but don’t have time to sift through my posts right now, but if you do some searches and look through the derivative area, there has been a lot of comments in detail about my experience with a range of options strategies, and commentary on trading tactics when dealing with lower liquidity options and market makers.

In terms of equities, I prefer the Australian scenario over the US for the reasons outlined in the discussion in the links (you can browse through that thread, there was a lot of ground covered in it).

But like every market, there are strengths and weaknesses. In technical analysis terms, I think commodities and indexes tend to trend the best, but sometimes some stocks present attractive opportunities to trade, and I have found my best performance is in the Australian market despite the apparent low liquidity, but the losses tend to be amplified due to spread risk in the less liquid series, especially the “flex options” (they have no market maker obligations to make a market).

I find that generally if using options in Australia that position trading or longer term trading are more suited to this instrument than intra day trading (which is extremely hard to do with options).

Why not try doing a search by member, and have a read through my derivative posts and you’ll get the picture, I put a lot out there...

Hope that helps!

Regards

Magdoran

<blockquote data-quote="Magdoran" data-source="post: 181649" data-attributes="member: 3955">Hello Snake,Have a look at the links below to the “Options Mentoring” thread which covered a lot of the relevant issues over a year ago, much of which is still relevant if comparing the Australian market with the US.I have also posted comments on a range of issues with the Australian options market but don’t have time to sift through my posts right now, but if you do some searches and look through the derivative area, there has been a lot of comments in detail about my experience with a range of options strategies, and commentary on trading tactics when dealing with lower liquidity options and market makers.In terms of equities, I prefer the Australian scenario over the US for the reasons outlined in the discussion in the links (you can browse through that thread, there was a lot of ground covered in it).But like every market, there are strengths and weaknesses.&nbsp; In technical analysis terms, I think commodities and indexes tend to trend the best, but sometimes some stocks present attractive opportunities to trade, and I have found my best performance is in the Australian market despite the apparent low liquidity, but the losses tend to be amplified due to spread risk in the less liquid series, especially the “flex options” (they have no market maker obligations to make a market).I find that generally if using options in Australia that position trading or longer term trading are more suited to this instrument than intra day trading (which is extremely hard to do with options).Why not try doing a search by member, and have a read through my derivative posts and you’ll get the picture, I put a lot out there...Hope that helps!RegardsMagdoran</blockquote>

[QUOTE="Magdoran, post: 181649, member: 3955"] Hello Snake, Have a look at the links below to the “Options Mentoring” thread which covered a lot of the relevant issues over a year ago, much of which is still relevant if comparing the Australian market with the US. I have also posted comments on a range of issues with the Australian options market but don’t have time to sift through my posts right now, but if you do some searches and look through the derivative area, there has been a lot of comments in detail about my experience with a range of options strategies, and commentary on trading tactics when dealing with lower liquidity options and market makers. In terms of equities, I prefer the Australian scenario over the US for the reasons outlined in the discussion in the links (you can browse through that thread, there was a lot of ground covered in it). But like every market, there are strengths and weaknesses. In technical analysis terms, I think commodities and indexes tend to trend the best, but sometimes some stocks present attractive opportunities to trade, and I have found my best performance is in the Australian market despite the apparent low liquidity, but the losses tend to be amplified due to spread risk in the less liquid series, especially the “flex options” (they have no market maker obligations to make a market). I find that generally if using options in Australia that position trading or longer term trading are more suited to this instrument than intra day trading (which is extremely hard to do with options). Why not try doing a search by member, and have a read through my derivative posts and you’ll get the picture, I put a lot out there... Hope that helps! Regards Magdoran [/QUOTE]

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