Options on the ASX

HI,

Quick intro - experienced options trader, about 15 years or so. but have been on the US markets. Time zones have changed so i thought I would play on the ASX or similar.

Couple of questions to other ETO guys/gals.

1. The spread here sucks. I mean really sucks. 15 contracts and i am down 30% just on the slippage for the XJO contract. Is anyone else trading condors and butterflys on the ASX. If so - HOW ???
2. Volume is tiny - liquidity is worse. BHP, CBA, NAB are awful ... 40 cent spread for a 30 delta call ?

so . . . if we cant sort out the above... how about overseas in out time zone.

Singapore, Nikkei, Hong Kong, anyone got any suggestions on a tradable index where the spread isnt half your profit ?

Dont care about the instrument as long as i can buy and sell it with out 20% slippage.

Help if you can please... otherwise i am back to either staying up real late - or up at sparrows.

Cheers