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Best option for options?

  • 01-06-2018 9:27am
    #1
    Jambonjunior
    Registered Users, Registered Users 2 Posts: 301 ✭✭


    Hi, I'm interested in buying some long dated puts in a specific company (just realised that sounds like I'm insider trading, but it's nothing like that :pac: )

    What's the best option?

    I just want to buy a small position. I know IB is meant to be best but they require a large deposit.


Comments

  • #2
    kenyard
    Registered Users, Registered Users 2 Posts: 943 ✭✭✭kenyard


    Jambonjunior wrote: »
    Hi, I'm interested in buying some long dated puts in a specific company (just realised that sounds like I'm insider trading, but it's nothing like that :pac: )

    What's the best option?

    I just want to buy a small position. I know IB is meant to be best but they require a large deposit.

    Get any headway on this? Im interested in is options and degiro is fairly limited..


  • #3
    nuac
    Registered Users, Registered Users 2 Posts: 6,769 ✭✭✭nuac


    Unless you are very experienced in these matters, be very careful about options.

    It is amazing how quickly the time runs out, thus diminishing the value of the contract


  • #4
    Jambonjunior
    Registered Users, Registered Users 2 Posts: 301 ✭✭Jambonjunior


    Thanks. Yes I understand the risks.

    Does no on one on the forum trade options? Thought there'd be some recommendations?


  • #5
    nuac
    Registered Users, Registered Users 2 Posts: 6,769 ✭✭✭nuac


    I spent some time on options about 10 years ago, Made and lost a few bob,

    As already mentioned they need to be watched daily because of the effect of lapse of time.


  • #6
    syntheticjunk
    Closed Accounts Posts: 106 ✭✭syntheticjunk


    TD ameritrade. No data or inactivity fees, no minimum deposit requirement. They are not cheap compared to IB, bet perfect for buy and hold positions.


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