eastside

One of the new additions in options is addition of Limit Orders which is great start because there was no way to enter and exit positions at a given price before. My suggestion in addition to that is it would be more useful to trigger the order when the underlying reaches a certain level because the implied volatility would be constantly changing (mostly increasing thru the day) which means the price for the strike is fluctuating higher and therefore the LIMIT order will potentially never execute. however if I could say buy this particular option when the underlying, say US500 is at 5350, would be clearer to enter and exit.

It really does not need to be paper bank statement. You should be able to download a statement digitally logging into your bank website and upload it to IG. I was able to verify that way, if it helps.

Options are tricky to get right in the beginning. Its not enough to just reach 7775 to be profitable but it has to be greater than 7775+the premium you paid for the call. The premium has a time value in it which is eroding as option expiry date approaches.

the max parameter is ignored when you pass from and to dates. see documentation for prices endpoint https://labs.ig.com/rest-trading-api-reference/service-detail?id=682

I am guessing you may have figured it out by now. The expiry to be passed is "-". This value can be seen if you pass your epic under MARKET DETAILS in the companion.

Not getting anything back when doing price history search. Instead returning HTTP 500 error as pasted in image below. Please could you fix

Go to the info section on your chosen instrument, and under the "Dealing" section you'd see an entry showing Value of one point. it could be $100/point or $20/point or just £1/point depending on instrument selected.

Thank you @AndaIG

I have both long and short positions in Oil and everyday i get only a one line in my IG statement "Daily Commodities Interest for 1 day - US crude". I understand it changes from day to day. Could I have some clarity within the IG statement on what was the interest rate charged separately for long and short positions for each day please? Thanks

if it goes down try selling? its only a demo a/c

depends how far away/ or close you set the stop loss. shop around the options market to see if you can buy a cheap call or put which balances (similar to a stop loss) to cover your AUS200 bet.

you dont have to pay overnight funding everyday if you change from daily funded bet to a future dated US 500 from the dropdown. just be aware of the expiry date though. not a perfect world.

i think the FCA recognise the fact that traders can have a collateral when leverage/margins are given, and its just that IG does not implement it for retail traders. keeping your margins on both sides of trade is happy days risk management for the broker.

its all smoke and mirrors. the house knows your stops, it sets the price and decides to trigger or not trigger, and even lets you win sometimes.

Why has the US Crude Oil option margin for sellers gone up today?