Spreadbetting Options

itsjustjoe

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Hi,

I've been options trading for some time (selling - only buying to limit potential losses).
I have dabbled in spreadbetting in the past but I don't like predicting things I prefer to know I'm going to profit regardless of which direction the market moves (or at least profit most of the time). I am keen to exploit the tax advantages as well as reduce my margin as I am getting married so I need to continue making profits with substantially less cash.

I recently joined IG Index as they allow you to spreadbet options on the Dow and S&P (and many other indicies, FX, commodities etc..). However I have found the choice rather limited and the spreads really bad in addition to the prices not closely reflecting market prices.

Does anyone know of other spreadbetting companies that allow trading/betting in/on options? I am only interested in US stocks and indicies, preferably with tight spreads and reasonable minimum bets.

Thanks,
 
Intrade for binaries/one-touches Dow and others.
Hedgestreet for currency and futures binaries. IG Index owns Hedgestreet, for US based traders Hedgestreet is legal for you.

jmh0
 
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