Options are powerful, flexible tools that experienced investors can use to:
With options, you can potentially benefit from price movements in any direction, as well as protect your portfolio by reducing volatility. You can use options to tailor a range of strategies, from the simple to the more complex, to match your investment goals and your appetite for risk.
Our upgraded trading platform has a 2-tier model for Options trading. At Tier 1, you can write covered Calls and Puts. At Tier 2, more complex Options trading strategies are available.
There can be high levels of risk associated with trading in Options, and you need to have a clear understanding of them before trading. To become an Options client, you need to read the ASX Options booklet that you can download from the ASX website at www.asx.com.au, and the Exchange Traded Options Product Disclosure Statement (PDS) then complete the application form. To take up Tier 2 Options trading you need to complete the quiz on pages 16 and 17 of the PDS and application form.
The information on this site has been prepared without taking account of the objectives, financial situation or needs of any particular individual. For this reason, any individual should, before acting on the information on this site, consider the appropriateness of the information, having regards to the individual’s objectives, financial situation and needs, and, if necessary, seek appropriate professional advice.