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Micro E-mini options coming in a month


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#1 Darris

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Posted 29 July 2020 - 10:08 AM

Micro E-mini options
Micro-sized options, major equity benchmarks.  Coming August 31, 2020*
Options on Micro E-mini S&P 500 Futures
Options on Micro E-mini Nasdaq-100 Futures
 
Note: I have not seen any reporting of these new mini's in the COT reports.
 


#2 CHAx

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Posted 29 July 2020 - 11:01 AM

They need to reduce the transaction costs on the micro-minis if they want those things to last and draw in new traders.  Crazy expensive, bad for business long term.


Edited by CHAx, 29 July 2020 - 11:01 AM.


#3 traderx

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Posted 29 July 2020 - 11:56 AM

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Posted Today, 12:01 PM

They need to reduce the transaction costs on the micro-minis if they want those things to last and draw in new traders.  Crazy expensive, bad for business long term.


Edited by CHAx, Today, 12:01 PM.



#4 Darris

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Posted 29 July 2020 - 12:49 PM

At Interactive Brokers, I think, the MES trades for $0.47 per side, and the ES trades for $2.08 per side.  May be different for others based on their monthly trading volume.  That implies equal leverage is $4.70 on 10 MES, and $2.08 on ES.  You are correct if trading at TDAmeritrade, as I think MES is $2.47 per side, and ES is $7.00 per side.  That implies $25 vs $7 which is crazy for sure.  There may be a plan at TradeStation that offers some free futures trading but I thought that was only for ES, so not sure if the new MES was included, but you have to trade a lot to get that pricing.



#5 .Blizzard

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Posted 29 July 2020 - 01:41 PM

I pay 0,37 per side CQG included with AMP

 

AMP futures is also a FCM and they don't charge commissions

Loving the combination Sierra Chart CQG

 

https://portal.ampcl...ssionquote.aspx


 
 
 


#6 .Blizzard

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Posted 29 July 2020 - 02:15 PM

I pay 0,37 per side CQG included with AMP

 

AMP futures is also a FCM and they don't charge commissions

Loving the combination Sierra Chart CQG

 

https://portal.ampcl...ssionquote.aspx

I have a relatively small account with them, that I use exclusively for daytrading the MNQ with +/- 80/100 round trip a day saving 4/5k  in a year


 
 
 


#7 OEXCHAOS

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Posted 30 July 2020 - 12:23 PM

Good stuff!


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