kevnea

Hello IG community — I sell options using IBKR for a living. Someone said you can sell options using IG spread betting account and therefore making it tax free. I don't understand how it works. Here is the TSLA options chain for an at the money put option. If I sell the 190 put option, how much premium am I getting paid for writing (selling) this put option? Usually selling this option would pay the ask price price in premium. So it might be $6.6/share so $660 in premium income. I don't understand the per point or margin figures. Can someone help me understand how this works. Rgs, Kev