Options on commodity and currency futures.

R

RedEyeFly

I'm looking for suggested products and underlyings to trade options on commodity and currency futures. My broker is IB, and so if possible I would like to stay with them and use options that are listed on US exchanges. I want to allocate a couple MM to each underlying and so I want to trade things which are more liquid, decent spreads and good execution. Staying with futures for 1256 treatment. The goal is to get a well diversified portfolio. Mostly trading fronts and mid months.

Currently thinking of

WTI/Oil
NatGas
EuroDollar
EUR/USA
GBP/USA
CAD/USA
AUD/USA
Wheat
Corn
Coffee

Any other suggestions, underlying(s) that people would suggest? Feedback regarding execution, market depth, and experiences most welcome. Thanks!
 
RedEyeFly said:
I'm looking for suggested products and underlyings to trade options on commodity and currency futures. My broker is IB, and so if possible I would like to stay with them and use options that are listed on US exchanges. I want to allocate a couple MM to each underlying and so I want to trade things which are more liquid, decent spreads and good execution. Staying with futures for 1256 treatment. The goal is to get a well diversified portfolio. Mostly trading fronts and mid months.

Currently thinking of

WTI/Oil
NatGas
EuroDollar
EUR/USA
GBP/USA
CAD/USA
AUD/USA
Wheat
Corn
Coffee

Any other suggestions, underlying(s) that people would suggest? Feedback regarding execution, market depth, and experiences most welcome. Thanks!
More...

I trade CL option spreads , near the money, with no liquidity problems. With IB.
 
Thanks. I think I'll be in that market, also looking for options on currency futures. Globex seems to have some but my screen is not showing a lot of open interest there.
 
Do ETF's qualify for 1256?

  • FXE - CurrencyShares Euro Trust
  • FXB - CurrencyShares British Pound Sterling Trust
  • FXC - CurrencyShares Canadian Dollar Trust
  • FXA - CurrencyShares Australian Dollar Trust

Options are available, but the spreads/volume might be a problem.


:)
 
Yes the basis for some of the ETFs is small and so I would need a ton of contracts, probably excluding me from their use unfortunately.
 
RedEyeFly said:
Thanks. I think I'll be in that market, also looking for options on currency futures. Globex seems to have some but my screen is not showing a lot of open interest there.
More...


The active products would be Euro and JPY. Check Swiss Franc, too.
 
You must log in or register to reply here.
Back
Top