Options Trading - Tesla

[WokMan]

I am new to Options trading, but keen to explore and learn.  Ideally looking at virtual money on a stock like Tesla.    Can you trade Tesla options on IG.  IG currently seems to do Options for Indices, Commodities and FX.   Or am i missing something here.   

Finally, havent figured out difference between CFD and Options...   Lots to learn.. 

Any other broker recommendation also welcome (if allowed here)

 

BTW, i cant see to find this listed in my IG windows 

https://www.ig.com/uk/trading-strategies/how-to-trade_tesla-options-200220

Edited November 2, 2021 by WokMan

[MongiIG]

43 minutes ago, WokMan said:

I am new to Options trading, but keen to explore and learn.  Ideally looking at virtual money on a stock like Tesla.    Can you trade Tesla options on IG.  IG currently seems to do Options for Indices, Commodities and FX.   Or am i missing something here.   

Finally, havent figured out difference between CFD and Options...   Lots to learn.. 

Any other broker recommendation also welcome (if allowed here)

 

BTW, i cant see to find this listed in my IG windows 

https://www.ig.com/uk/trading-strategies/how-to-trade_tesla-options-200220

Hi @WokMan

Thanks for reaching out and your question.

You can trade weekly and monthly share options in our web platform. Rather than finding them in the options flyout, each has their own watchlist. For example, you’d trade Tesla from the ‘Tesla Options’ watchlist:

 

CFD trading is the method of speculating on the underlying price of an asset – like shares, indices, commodities, forex and more – on a trading platform like ours. A CFD – short for ‘contract for difference’ – is the type of derivative that enables you to trade the price movements of these financial markets with us. With this form of trading, you don’t own the underlying asset – you’re only getting exposure to its price movements. For information click here: CFDs

Options trading is the act of buying and selling options. These are contracts that give the holder the right, but not the obligation, to buy or sell an underlying asset at a set price, if it moves beyond that price within a set timeframe. For information click here: Options trading

I hope this helps.

 

All the best - MongiIG

[WokMan]

Hi @MongiIG,. tnx for this ... i am struggling to see where you got the Tesla options in the side bar..  Attached is a screenshot of my demo CFD.. even when i search for Tesla, I dont see the same options as you do..  I must be doing something wrong 

 

[MongiIG]

1 hour ago, WokMan said:

Hi @MongiIG,. tnx for this ... i am struggling to see where you got the Tesla options in the side bar..  Attached is a screenshot of my demo CFD.. even when i search for Tesla, I dont see the same options as you do..  I must be doing something wrong 

 

Hi @WokMan

We are testing online trading for share options, and to start off with we’re offering Tesla shares (weekly and monthly expiries).

Over the coming weeks we hope to expand this offering, depending on client demand.

You can trade our full range of share options – offering stocks from the world’s major exchanges – by phone on 0800 409 6789.

Please kindly visit this link for more information: Trade share options with IG

 

If you need further assistance please reach out to helpdesk.uk@ig.com with your account details.

 

All the best - MongiIG

[WokMan]

Hi @MongiIG..  tnx but i dont think that it answers the question.. 

 

How/Where do i find these individual Tesla options?  I cant seem to search for it in the system (see screenshot in my prev response)

[Kodiak]

Try open up the old platform puredeal ( if you can?)

[WokMan]

41 minutes ago, Kodiak said:

Try open up the old platform puredeal ( if you can?)

Interesting.. but i only have the website client.  havent used  ProRealTime..   just the ig.com site.  

[Kodiak]

Not sure if new accounts can use the old platform?

[WokMan]

1 minute ago, Kodiak said:

Not sure if new accounts can use the old platform?

doent look like..   always funny when the new platform has lesser features than the old one