UK Equity Options

[ukdaytrader]

Does anyone know a good provider of trading UK Equity options (not index). I was looking at Berkley Futures, but would welcome any recommendations. Thanks

 

[anley]

Check out ODL Securities they're option specialists, or at least they were when I knew them a few years back.

Tread carefully though with UK equity options as the cost of doing business can be very high mainly due to the wide bid-offer spreads.

Also, while I think of it check out www.interactivebrokers, great commissions and software but all dealing is done online, no telephone support of brokers to talk ideas with.

 

[ukdaytrader]

Yeah bid offers are wide on this stuff, typically the best is either to use these as them as an income enhancement and hold till expiry otherwise you are right you get wacked on the spreads.