Options


The option is a derivative that gives a buyer the right, but not the obligation, to buy or sell an underlying asset (currency, indices, stocks, commodities, etc.) at a specified price (exercise price) on a specified future date (expiry of the option). Moreover, the buyer pays a premium to the seller of the option.

Benefits of Trading with Options:

  • Purchase risk known in advance
  • Flexible instrument for hedging
  • Both short and long positions
  • Professional Options Board gives insight into a varied range of options

With ELANA Global Trader you are allowed to trade four basic types of options:

CFD options

  • Automatic exercise
  • No commission
  • Only long positions are supported
  • European
  • Maximum loss known in advance

Read more about CFD options

Vanilla options

  • Automatic execution on the expiry date
  • The expiry can vary from 1 day to 1 year
  • Allow delta hedging
  • Choice of exercise method – cash or spot position
  • Delta hedging

Read more about Vanilla options

Futures contract options

  • Traded on exchanges
  • American and European types
  • Hedging
  • Automatic exercise at expiry
  • Low commissions, based only on the volume traded
  • Maximum loss known in advance

Read more about Futures contract options

Stock options

  • Traded on exchanges
  • American and European types
  • Position insurance (hedging)
  • Automatic exercise at expiry
  • Low commissions, based only on the volume traded
  • Maximum loss known in advance

Read more about Stock options

Trading conditions

Find more information under Contract Options Trading Conditions