Weekly and monthly options

Trade options in the timeframe that suits you with our weekly, monthly and quarterly options. Get greater control over your leverage and risk when buying options, and take positions confidently with our intuitive options trading platform and award-winning app.¹

Start trading today. Call +44 (20) 7633 5430, or email sales.en@ig.com to talk about opening a trading account. We’re here 24/5.

The features of trading weekly, monthly and quarterly options

Zero overnight funding

You don’t pay overnight funding as on regular spot markets, so you can hold longer positions for less.

Know your risk

Your risk is only as much as the margin you pay to open when you buy options, even when the expiry is months in the future. However, when selling options your risk is potentially unlimited.

Leveraged trades

Trade weekly and monthly options with CFDs and gain exposure to a larger position.

Take control of trades

Discover a range of trading strategies that are unique to options, and get greater control than when trading CFDs. Profits (when buying) and losses (when selling) may still outweigh your initial outlay.

Unparalleled market range

Take positions on major indices, shares, FX and more.

Standard negative balance protection

If your account balance goes negative, it’ll be brought back to zero.²

Keep costs down

Trade on competitive spreads, from as low as 0.5³ points.

No spread at expiry

Don’t pay any spread to close your position when you hold it to expiry.

What are weekly, monthly and quarterly options?

Weekly, monthly and quarterly options are contracts that give you the right – but not the obligation – to buy or sell an underlying asset before a certain date, with weekly, monthly or quarterly expiry dates.

With IG, you can trade CFDs on an option’s price. Your positions will always be cash-settled at expiry. You’ll never have to deliver, or take delivery of, the underlying.

You can use options to speculate on whether the price of a financial market will move above or below a certain level – the strike price – at the option’s expiry. For weekly options this is on the following Friday, and for monthly options the third Friday of the month. The date of expiry for quarterly options will depend on the market being traded.

You can find more details of the expiry time in the ‘information’ tab of the deal ticket. If you want to use options for intraday trading, take a look at our daily options – trade with low spreads and get greater leverage than on spot market positions.

Types of weekly, monthly and quarterly option

There are two types of weekly, monthly and quarterly option – calls and puts.

If you think the market is going to rise, you’d buy a call
If you think the market is going to fall, you’d buy a put

Find out more about call and put options here.

Fill in our simple online form

We’ll ask a few questions about your trading experience.

Get swift verification

We aim to complete the verification process as quickly as possible so you can start trading on a huge range of markets.

Fund your account and trade

Or practice on a demo if you’d prefer.

Create demo account

Create live account

Weekly, monthly and quarterly options trading strategies

You can use most options trading strategies when trading weekly, monthly options, you just need to consider the timeline when choosing your strategy. For instance, a covered call (selling a call option) might be a good weekly option strategy if you foresee losses on an asset that you already own. Remember, with us you can only trade derivatives via CFDs.

Find out more about options trading strategies here

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¹Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.
²Negative balance protection applies to trading-related debt only, and is not available to professional traders.
³On spot gold

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^IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG Group established in London in 1974, and is a constituent of the FTSE 250 index.

The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. 72% of retail client accounts lose money when trading CFDs, with this investment provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money.

CFD Accounts provided by IG International Limited. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.

IG provides an execution-only service. The information in this site does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result.

The information on this site is not directed at residents of the United States and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG International Limited receives services from other members of the IG Group including IG Markets Limited.

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