[Option Price Calculation Model]

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)

[American v European style options]

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

[American v European style options]

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

[American v European style options]

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

[Writing put options on index (or shares)]

The trades are cash settled 

[Long Put and Call Gold Options]

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

 

[Why No Covered Calls in ISA and SIPP?]

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....

[Why No Covered Calls in ISA and SIPP?]

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

[Option strategies]

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?)

[option trading commodities]

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

[Mr]

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

[Trading Options]

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

[Dividend tax on ISA account]

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

[Fund annual charges and external dealing fees]

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... 

 

 

[ETF not available?]

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

[Gold Weekly Option]

what size bet are you trying to put on?

[Closing an option trade]

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….

[Closing an option trade]

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

[US stocks spreadbet options]

@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

[isa- usd held in isa acct]

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!)

[Trading charges and commissions on trades made in an ISA. Please clarify!]

sounds about right to me...

[MFGO & CLZO options]

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

[New CFD & Options subscriber wants to buy US shares]

open an account with interactive brokers

[How To Set Up Multi Srategies Options (4-legs strategies)]

Only as individual trades as far as i can see

 

[Unable to close Crypto Sell Positions]

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