1Wk·

It's worth comparing!

I'm currently interested in a derivative on $MRK (+0.22%) with a longer maturity. On Flatex, $MR1BZ7 comes up. Right now, that contract costs €0.68 there, and it matures on March 27. To keep costs down, I searched on TR for a comparable contract with the same maturity and strike price. There, the comparable SG contract costs 0.83, which is about 20% more. I think that’s pretty steep. I can’t even make up for that with the few euros I save on fees.

So if you want to buy classic options, always compare multiple issuers. Each of them calculates the premium and volatility differently.

8 Comments

Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

1Wk

And we all know what we think of SG Scheinen.😉👍🏻

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Chris@Multibagger

1Wk

@Get_Rich_or_Die_Tryin But it's not just SG. I've noticed on several occasions that TR's partners in the derivatives sector often offer worse rates. And it's usually more than just 2–3 cents.

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HoldTheMike@HoldTheMike

1Wk

@Get_Rich_or_Die_Tryin Give me a break. Back then, SG didn't execute an SL for me, and it ended in a total loss. Never again, SG.

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

1Wk

@HoldTheMike That's exactly what I mean, for example. Quotes are regularly not provided, especially when volatility is high, etc.

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Chris@Multibagger

1Wk

@Get_Rich_or_Die_Tryin I don't accept any KO vouchers from SG either. I've already been badly burned by that a few times.

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Maximilian@Max095

1Wk

Why not a knock-out certificate? The momentum certainly seems to be there at $MRK

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Chris@Multibagger

1Wk

@Max095 I currently have KO vouchers on $NFLX and $VIV. These days, I tend to go with traditional airlines that offer long-haul flights—or even budget airlines.

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Paulchen@Divident_e

1Wk

@Max095 I think that's his decision, Maxi

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