gezmond

I trade options with Ig as well as option broker platforms and the Ig prices are similar (but with a wider spread instead of commissions)

Sorry, ignore my previous answer , I meant to say its more European style, although you can close your trades early ( as the seller) a buyer can’t assign you before expiration , and at expiration it is cash settled

Yes, all the options on the platform are “American style”

not really relevant here as the option trades are cash settled and your trades will not be closed early (similar to assignment) unless of course you have breached your margin requirements

The trades are cash settled

Hi , remember in IG you are spread betting on option prices, which is why you can't go out as far in time vs "real" options. An options platform eg saxotrader or ibkr would let you place longer term trades The price in yellow is the "futures" price

Hi BabisG, I forgot to mention that you can do a "synthetic" covered call using spread bet options , if you google poor mans covered calls and diagonal spreads....

UK government doesn't allow options trading in an ISA, however it is possible in a SIPP - the only way I am aware of is via an interactive brokers acct linked to a SIPP provider specialist (that allows options) eg atsipp.co.uk

I'm not sure if the system has this capability eg when I phone to roll a trade - buy my put back and sell again at a further exp date the dealer had to do this as 2 manual trades. If you are trading the online securities, you could manually put the trades you mentioned above pretty quickly yourself (mostly without much if any slippage?)

me too.....I sell options , but don't buy...

The answer above isn't strictly speaking correct, eg if you sold an option for Sept expiry, as we get nearer to this date, further dated silver options will become available on the platform.So you can obviously roll out your options by manually buying these back and selling at a later date

is it US or Uk (or both) stocks/shares you are interested in trading?

Most (if not all ) investment platforms get you to fill in a W8 (W-8BEN) form before they let you buy US shares , do you remember filling one in? this reduces the divi withholding tax from 30% to 15% . The tax free allowance for divis you mentioned doesn't apply in an ISA, if you had a huge account with divis of a million you wouldn't pay any tax to inland revenue....in fact you don't even have to record ISA income on a tax return

Are you mixing up platform annual charge with the ongoing charge within a specific fund? I thought IWEB charged one off £100 when you open account, then there is no annual platform charge If you mean the fund ongoing charge eg this is from VOF on harg lansdown platform - the 1.84% is taken directly from the VOF fund itself (almost behind the scenes , so you don't see it!) so its not taken from you account cash as such...

When I checked on Harg Lansdown, PMLP is ISA permitted, but MMLP shows as MARTIN MIDSTREAM PARTNERS LP and only permitted in SIPP/ share acct but not ISA

what size bet are you trying to put on?

Hi Andy Yes , if you have bought a put, and if it is worthless at expiration (ie the index is above 4400) then what you paid is debited from your cash….

can you post a screenshot?….did you buy or sell and was it a put or call?

@CharlotteIG Hi, I have a spreadbet (not cfd) acct and want to know if i trade options on individual US stocks (by phone only) is the minimum contract size £1 (or USD equivalent) a point , or is it a significantly higher figure as per cfd trading? Thanks

no, uk government regs only allow isa funds to be held in £ ......this doesn’t apply to a general investment acct ...(but of course you then lose tge tax free benefits of an isa!)

sounds about right to me...

they are cash settled, so you can either sell now or leave until expiration

open an account with interactive brokers

Only as individual trades as far as i can see

if you are closing a position , you are buying to close, not buying to open?