options

thewizz2009

Hi

I've read abit above and would like to know where can you actuallyget options, I see CFDs, spreadbets but not options anywhere.

I did see E trade does US options, but where can you do UK and europe share options.

Also any recommendations on books/websites that explain well

Thanks

Lokolo

What are options?

getthemax

thewizz2009 wrote: »

Hi

I've read abit above and would like to know where can you actuallyget options, I see CFDs, spreadbets but not options anywhere.

I did see E trade does US options, but where can you do UK and europe share options.

Also any recommendations on books/websites that explain well

Thanks

Start here http://www.euronext.com/landing/liffeLanding-12601-EN.html

And read, read, read.

Traded options are not for novices. There are loads of books available, from the simplistic to the complicated (you'll soon come across the greeks LOL). Check out recommended reading from Euronext and have a look on Amazon as well.

Also a Google search can get you quite a lot of info and help.

UK options are traded on Liffe, and the Euronext website should have a list of UK brokers. Brokers I've used are Sucden and ODL. Both are good. There's no online UK option trading by the way, it's all over the phone.

DON'T pay for any option service that promises to tell you what to buy or sell, a complete waste of money.