We're offering weekly equity options on the platform for some stocks over earning season. Meaning you don't have to call us if you want to trade certain equity options. This week it's Apple, Boeing and Facebook. We're also offering Tesla but that will stay on the platform going forward whereas the weekly options will change depending on which week of earnings season we're in.
What is an Equity option?
Equity options are a form of derivative used exclusively to trade shares as the underlying asset.
In essence, equity options work in an extremely similar way to other options, such as forex or commodities. They offer the trader the right, but not the obligation, to purchase (or sell) a set amount of shares at a certain level (referred to as the ‘strike price’) before it expires. To buy an option, traders will pay a premium.
When are these available to trade?
These equity options will be available in the main session (14:30 - 21:00 UK time).
Where to find them?
You can find them under 'Weekly US Equity options' on the left list on your web platform.
Earning season information for this month: