Jump to content
  • 0

Simple questions about options.


RobertU

Question

I've read this on options, but my questions are not answered there. So:

If I buy a put/call option on IG, when exactly does it settle? I can see dates for the options, but not times, and

Is it the case that all options are exercised at expiry and only then? i.e. I can't exercise them before the expiry date and time, and exercise takes place automatically at expiry if in the money, such that I don't have to do anything?

Thanks.

Link to comment

4 answers to this question

Recommended Posts

  • 0

in ig you are basically betting on the price of options and not buying or selling as in an option broker account, which is why the trades are cash settled and you can’t exercise the options, but you can of course close the trade anytime you want before expiry

Link to comment
  • 0
8 hours ago, gezmond said:

in ig you are basically betting on the price of options and not buying or selling as in an option broker account, which is why the trades are cash settled and you can’t exercise the options, but you can of course close the trade anytime you want before expiry

OK thanks. But when are the trades settled? There must be a particular time, and I can't find this stated anywhere.

 

Link to comment
  • 0
2 minutes ago, Caseynotes said:

Hi, look on the deal ticket, I think it's marked a ? top rightish corner for a dropdown box with all the info.

OK, thanks, found it. 8pm, in the case of options I'm looking at anyway.

Expiry date

19/02/21

Last dealing date

19/02/21 19:59

Settlement

Settles basis the mid-point of the IG spot price at 20:00 UK time.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      21,208
    • Total Posts
      90,770
    • Total Members
      41,319
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    kindevil
    Joined 01/02/23 02:05
  • Posts

    • Elliott Wave Analysis TradingLounge Daily Chart, 1 Febuary 23,   Ethereum / U.S.dollar(ETHUSD) ETHUSD Elliott Wave Technical Analysis  Function: Follow trend Mode: Motive Structure: Impulse Position: Wave III Direction Next higher Degrees: wave III of Motive Wave Cancel invalid Level: 1073 Ethereum / U.S.dollar(ETHUSD) Trading Strategy: Ethereum recovered well from the 1073 level and could break the MA200 as a signal of weakening of the downtrend. As a result, the trend may change to an uptrend. And there is a tendency towards to the price target at 2943. Ethereum / U.S.dollar(ETHUSD) Technical Indicators: The price is above the MA200 MA50, indicating an uptrend. The wave oscillators above Zero-Line momentum are bullish. TradingLounge Analyst: Kittiampon Somboonsod Source: Tradinglounge.com get trial here!   Elliott Wave Analysis TradingLounge 4H Chart, 1 Febuary 2023,   Ethereum / U.S.Dollar (ETHUSD)  ETHUSD Elliott Wave Technical Analysis  Function: Follow trend Mode: Motive Structure: Impulse Position: Wave (3) Direction Next higher Degrees: wave ((1)) of Motive Wave Cancel invalid Level: 1231 Ethereum / U.S.Dollar (ETHUSD) Trading Strategy: Ethereum continues to strengthen in its current impulse wave pattern. It is in the phase of a correction in wave (4), upon its completion, the price will increase in wave ((5)) again. Ethereum / U.S.dollar(ETHUSD) Technical Indicators: The price is above the MA200, indicating an uptrend. The wave oscillators have Bearish divergence watch out for Reversal.
    • thank you @OfentseIG. may you please guide me on where to get the KID document?
    • I think, that BTC will be 25K$ at the end of the winter. Though, some traders ask nowadays, is Bitcoin dead. In any case BTC has a great future.
×
×
  • Create New...