Long term Spread Bet

[Guest doney21]

I am new to spread betting but I have a fair amount of experience in options trading with LEAPS (Long Expiry) options. I want to place some long put trades on both shares and on index options.  How can I calculate the costs of maintaining these positions?

 

[CharlotteIG]

Hey @doney21, 

With share options you will need to call us to trade them and receive the premium. Our Spread betting options will have the cost included in the option price, CFDs will have a commission per side. 

With index trading, our charge is included in your premium. So, if you were buying one put option on the FTSE and the price was 5, your premium would be (5 x 1 x £10 per point) = £50. This is the maximum you can lose for this trade and IG don't charge you commission the fee is built into that price. 

I hope this helps. If you need me for anything else '@' me into the post