Australia options are hard to trade
from a newsletter subscriber so thanks to him for sending:
In AUS options are not that liquid, and dominated by the bank prop traders – it is very much manipulated, towards the expiry date. The banks push the underlying asset pxrice to where most of the retail traders will have their options expire worthless. The best way to trade these here in Australia are to setup butterfly trades about a week out or so – to exploit the time decay in your favour. You can neutralize the trade very quickly if it does not pan out.
BTW the FX landscape continues to evolve: http://www.futuresmag.com/2017/05/11/blockchain-fx-network-nabs-big-fishNOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!