Saxo Bank introduces five US stock options

Saxo Bank has today announced that it is to introduce five new US stock options to its range of instruments, tradable on the firm’s proprietary platform.

The instruments are:


United States Oil Fund, LP (USO:xcbf)

Alexion Pharmaceuticals Inc. (ALXN:xcbf)

Applied Materials Inc. (AMAT:xcbf)

Procter & Gamble Co. (PG:xcbf)

Saxo Bank considers that stock options are ideal for strategic stock trading, allowing clients to trade almost any market.

The firm states that stock options are particularly well suited to leveraged directional plays with a known-loss potential, volatility strategies where a stock’s price is expected to move outside a range (either up or down), low-volatility strategies where a stock’s price is not expected to move outside a range, hedging an existing portfolio or revenue enhancing a portfolio – writing options against a portfolio and taking the premium.

As opposed to warrants, stock options offer tighter prices, higher volumes, more transparency and you can set up combination strategies to trade almost any kind of market.

These US stock options join the existing range of stocks options which Saxo Bank lists from US, UK, European, Hong Kong and Australia exchanges.

For the official announcement from Saxo Bank, click here.


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