Options Trading: Access leading platforms
Trade Options on Micro E-mini S&P 500 and Micro E-mini Nasdaq 100 with Tickmill.
Why TRADE OPTIONS
with Tickmill?
Our options trading gives our clients access to Micro E-mini S&P 500 and Micro E-mini Nasdaq 100!
- Rapid execution speed.
- Comprehensive suite of order types and trading tools.
- Deposit requirement from $1,000.*
- Dedicated professional client services.
- Competitive commissions.
- Multiple trading platform connections via API available.
- Trading accessible from multiple devices.
*We also accept GBP and EUR.
940,000+
Registered Accounts*
Registered Accounts*
Since its inception in 2014, the Tickmill Group has provided its sensational services to clients across the globe.
20+
Awards
Awards
We’ve earnt global recognition for our stellar service developments over the last 5 years.
250+
Employees Globally
Employees Globally
As we continually improve and enhance our services our amazing team grows too.
4
Recognised Regulators
Recognised Regulators
We put our traders first with top-notch regulatory oversight by the FCA, CySEC, FSB and FSA.
*Tickmill Group figures.
Our Competitive
Commissions
Micro Options Contract
$1.30*
*Excludes Exchange and NFA Fees.
Check out all of the futures and options contracts that you can trade by clicking here.
| Exchange Code | Product | Currency | Contract Size | Tick Size | Tick Value | Trading Hours Exchange |
| CL | Crude Oil | USD | 1,000 barrels | 0.01 | $10 | 18:00 - 17:00 ET |
| ES | E-Mini S&P 500 | USD | 50 x Index | 0.25 | $12.50 | 18:00 - 16:15 16:30 - 17:00 ET |
| GE | Eurodollar | USD | 2,500$ x IMM Index | 0.0025 | $6.25 | 17:00 - 16:00 CT |
| GC | Gold 100 oz | USD | 100 ounces | 0.1 | $10 | 17:00 - 16:00 CT |
| ZN | US 10-Yr Note | USD | 100,000 USD | 1/64 point | $15.625 | 17:00 - 16:00 CT |
**Source data: this content has been derived from CME, COMEX, CBOT, NYMEX and EUREX exchanges as at 16/12/2020. These details are updated by the various Exchanges so for up to date information please check on Exchange websites. Tickmill UK Ltd will not accept any liability for contract specific information, this table will be updated on a periodic basis.
At Tickmill we believe that having a competitive commission structure is vital. Combined with our intuitive and innovative multiple trading platform selections, Tickmill provides you with the tools necessary to make informed decisions.
What are Options?
Unlike Futures, Options in their simplest form are an agreement between two parties, which gives the buyer the right but not the obligation to buy or sell an underlying product at a predetermined price prior to expiration.
There are two kinds of options:
A call option - the right to buy the underlying product at a predetermined price.
A put option - the right to sell the underlying product at a predetermined price.
Options are classified into a number of styles; the most common are:
American style options - may be exercised on any trading day prior to expiration.
European style options - may only be exercised at expiration.
How to Trade Options
Once the risk of trading Options has been understood and you have formed an opinion on the underlying, you will need to select a strike price to trade. The strike price is the fixed price at which the buyer of the option can buy or sell the underlying if the option is exercised.
The cost of purchasing an option is referred to as the premium, which is the value that the buyer of the option must pay the seller.
Like futures, options are leverage products where you can speculate on the price movement of the underlying product without having to own the product itself. Some traders may use options to hedge their portfolio or as a risk-reduction strategy.
It is very important to understand the factors that can affect the price of the option.
Factors that affect the option price
THE UNDERLYING MARKET
In simple terms, the option price is affected by the value of the underlying product.
TIME UNTIL EXPIRY
Provided all other elements remain constant, the value of an option will decline with the passage of time. As expiry nears, the chances of the underlying price moving significantly is reduced. This causes an acceleration in the decline of the option value.
MARKET VOLATILITY
Volatility is a measure of speed and range of movement in the underlying price, the amount of volatility in the market can effect the price of an option significantly.