Share tips thread (Vol 2)
Discussion
NowWatchThisDrive said:
vindaloo79 said:
Do you play around with options on US stock from the UK much? If so which broker do you use ?
Your username suggests you know your way around things
Looking at IG then it seems the charge would be:
"5c on US shares"
So the Stock I am looking at is an ETF and is currently around $18 dollar say, the futures for Feb/May 2022 for a BUY LONG CALL are $1.34 to $3.4p (depending on strike price and date) on https://www.optionsprofitcalculator.com/calculator...
So how much would you estimate the cost for £1k worth in fees and charges, I am new to this but it seems decent value for something that the underlying could change 5% a day on and the strike prices are 5-20% off
I'm a bit out of my depth in jargon terms but feels worth giving em a ring.
Interactive Brokers is also worth a look if you're in the UK and wanting to trade US listed options (or UK options for that matter, not that many people do!).Your username suggests you know your way around things
Looking at IG then it seems the charge would be:
"5c on US shares"
So the Stock I am looking at is an ETF and is currently around $18 dollar say, the futures for Feb/May 2022 for a BUY LONG CALL are $1.34 to $3.4p (depending on strike price and date) on https://www.optionsprofitcalculator.com/calculator...
So how much would you estimate the cost for £1k worth in fees and charges, I am new to this but it seems decent value for something that the underlying could change 5% a day on and the strike prices are 5-20% off
I'm a bit out of my depth in jargon terms but feels worth giving em a ring.
Edited by vindaloo79 on Sunday 21st November 00:04
With regard to richness, as Burwood suggests it's not really about the price per se but about implied vol and where it is relative to historical/realised vol. Not sure how familiar you are as you mention jargon - there's a whole branch of maths around option pricing but you don't necessarily have to bury yourself in the maths to be able to make intuitive sense of the concepts and understand what you're doing.
If you want a book on it then John Hull's is considered the core text but it's pretty substantial and there's probably plenty of free online resources to exhaust before you start to need the depth it goes into.
In any case, if you're buying then your downside is limited to the premium. It's when you start writing them that things get interesting and you can get into a lot of trouble if you don't know what you're doing.
Reviving this thread,
National Grid (NG.) is approaching a 3 year high and not that far off a 5 year high too. It also provides a decent divi.
I have held this for some time and well up on it having added from time to time. do I sell and wait for the drop back or hold for further increases? Any thoughts on where it may go from here? We're always going to need electricity but with the ever increasing requirements, are they going to be hit with costs to improve their service?
National Grid (NG.) is approaching a 3 year high and not that far off a 5 year high too. It also provides a decent divi.
I have held this for some time and well up on it having added from time to time. do I sell and wait for the drop back or hold for further increases? Any thoughts on where it may go from here? We're always going to need electricity but with the ever increasing requirements, are they going to be hit with costs to improve their service?
Skyedriver said:
Reviving this thread,
National Grid (NG.) is approaching a 3 year high and not that far off a 5 year high too. It also provides a decent divi.
I have held this for some time and well up on it having added from time to time. do I sell and wait for the drop back or hold for further increases? Any thoughts on where it may go from here? We're always going to need electricity but with the ever increasing requirements, are they going to be hit with costs to improve their service?
I also hold NG mainly for the dividend, I see no reason to sell. The regulators are a concern but there’s no real competition and the income stream includes earnings from the USA. Investors Chronicle have NG., as a hold recommendation and I’m sticking with that.National Grid (NG.) is approaching a 3 year high and not that far off a 5 year high too. It also provides a decent divi.
I have held this for some time and well up on it having added from time to time. do I sell and wait for the drop back or hold for further increases? Any thoughts on where it may go from here? We're always going to need electricity but with the ever increasing requirements, are they going to be hit with costs to improve their service?
bad company said:
I also hold NG mainly for the dividend, I see no reason to sell. The regulators are a concern but there’s no real competition and the income stream includes earnings from the USA. Investors Chronicle have NG., as a hold recommendation and I’m sticking with that.
Thank you,Only concern is that I have seen it drop to the low to mid 900's, wondering about selling and buying back in. It's a risky business that one though, been caught before.
Skyedriver said:
bad company said:
I also hold NG mainly for the dividend, I see no reason to sell. The regulators are a concern but there’s no real competition and the income stream includes earnings from the USA. Investors Chronicle have NG., as a hold recommendation and I’m sticking with that.
Thank you,Only concern is that I have seen it drop to the low to mid 900's, wondering about selling and buying back in. It's a risky business that one though, been caught before.
(Usual caveat - I am crap at investing and even worse at trading)
Skyedriver said:
Thank you,
Only concern is that I have seen it drop to the low to mid 900's, wondering about selling and buying back in. It's a risky business that one though, been caught before.
Wasn’t the drop when Corbyn, Abbott and their chums intended to nationalise NG and others if they got into power?Only concern is that I have seen it drop to the low to mid 900's, wondering about selling and buying back in. It's a risky business that one though, been caught before.
That threat has gone at least for now.
Skyedriver said:
Jambo85 said:
You also risk being out at the wrong with time with respect to dividends.
(Usual caveat - I am crap at investing and even worse at trading)
Appreciate that, recently XD(Usual caveat - I am crap at investing and even worse at trading)
bad company said:
Skyedriver said:
Jambo85 said:
You also risk being out at the wrong with time with respect to dividends.
(Usual caveat - I am crap at investing and even worse at trading)
Appreciate that, recently XD(Usual caveat - I am crap at investing and even worse at trading)
House builders taken a bit of a hit today even if the rate rise is only 0.15%.
It is WOSG that has surprised me, I was 10% up but it's dropped over the last few days and mostly today. 1% profit at the moment
Edited by Skyedriver on Thursday 16th December 18:41
Skyedriver said:
bad company said:
Skyedriver said:
Jambo85 said:
You also risk being out at the wrong with time with respect to dividends.
(Usual caveat - I am crap at investing and even worse at trading)
Appreciate that, recently XD(Usual caveat - I am crap at investing and even worse at trading)
House builders taken a bit of a hit today even if the rate rise is only 0.15%.
It is WOSG that has surprised me, I was 10% up but it's dropped over the last few days and mostly today. 1% profit at the moment
Edited by Skyedriver on Thursday 16th December 18:41
Kodal Minerals,
anyone else investing or holding?
sold out a good few months ago and retained a few 100k of shares which are pretty stagnant (dropped a fair bit the last few weeks before rallying 30% at the start of the week.
afaik licencing is all granted for their Bougouni field and its just time before it comes online.
thinking about investing again just a few thousand though, anyone else looking at them as a potential long term hold?
anyone else investing or holding?
sold out a good few months ago and retained a few 100k of shares which are pretty stagnant (dropped a fair bit the last few weeks before rallying 30% at the start of the week.
afaik licencing is all granted for their Bougouni field and its just time before it comes online.
thinking about investing again just a few thousand though, anyone else looking at them as a potential long term hold?
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