AMart2k20
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Posts posted by AMart2k20
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Hi guys, I wondered if someone could explain to me the 'opening' value for an Oil put? I bought a put yesterday for US crude when WTI was around $23 per barrel, strike 2000 (I am assuming this = $20) for May 2020. Now WTI is down to around $21.70 per barrel, and I have made a small amount of profit, but only £5. The opening price keeps moving on the positions tab - why is this? I bought 0.25 contracts which was $5 per point, and expected to be more than £5 in profit if oil has fallen by over $1 from $23 to mid $21. What am I not getting here?
Any help would be great. Thanks. -
Hi guys, I am new here. I wondered if anyone could explain the hours we can trade gold options to me? Is it the same hours as the LSE is open or what? Many thanks!
Minimum contract sizes
in IG Trading Support - Dealing Questions
Posted
I think this is because your account is 1 month old, I have had the same issue with my S&P 500 (US 500) £1 cash positions crossing from 0.5 contracts minimum to 2 contracts minimum - a quadrupling of price. I am on the phone at the moment and will ask if there is a way to get it back down. Markets are too volatile for me to want to quadruple my outlay at the moment.