Profit potential in
any market
Options are a flexible tool that can provide the opportunity for you to profit in any market conditions.
For example, Options over shares can help you protect yourself against share price falls, earn extra income if share prices are flat, or potentially generate leveraged returns if shares rally or decline.
What’s more, Options can be held over market indices. So if you hold a view on how the market as a whole will perform, buying or selling index Options may be a way to profit from your view, or protect your share portfolio from market falls.
Options are listed on the ASX, so you can buy and sell them during normal ASX market hours. However, you need to make sure you understand and are comfortable with the risks of Options before you invest.
Details at a glance
May be suitable if you:
- are confident managing your own portfolio
- want exposure to shares or market indices
- understand and are comfortable with the risks of Options
Minimum initial investment:One contract |
Brokerage starting from:$34.95 |
Options and Warrants
Options and Warrants can be quite similar in some cases, but they are different products:
- Options contracts are standardised as prescribed by the ASX, while Warrants can be issued by banks or other financial institutions with a wide variation of features.
- Warrants are usually issued over a wider range of securities (such as currencies and commodities than Options.
- There are no margin calls on Warrants.
Understanding Options
Derivative products such as Options can be complex and may not be suitable for some investors. Before purchasing an Option you should obtain the Product Disclosure Statement and consider the statement carefully before making any decision.
Learn more about Options with the ASX’s Understanding Options Trading (PDF 1.01mB) booklet.
A platform designed for traders
ANZ Share Investing offers a number of features to help Options traders choose the right strategy and make smart decisions, including:
- Options finder tool
- Pricing tools
- Payoff diagrams
Key considerations
Benefits
- Take advantage of leverage
Options generally cost a fraction of the underlying investment value. So a small price change in the share or index can mean a larger percentage change in the value of your Options. - Protect your portfolio
You can use Options to hedge your shares and protect your portfolio against market downturns. - Generate income
By writing call Options over shares you own, you can receive additional income in the form of premiums.
Risks
- Leverage
Leverage works both ways and you can expose yourself to magnified losses. Options can be risky if the market moves against your position. - Loss of capital
There's a risk you might not be able to sell your Options for a reasonable price, or at all, if the Options are no longer attractive to investors. - Limited life
Options expire, and it's your responsibility to manage your Options and take action before they expire. - Margin calls
If the market moves against you, you may be asked to provide additional funds (known as a 'margin call') or your Options may be closed.
How to apply
- Apply for an ANZ Share Investing account
- Verify your identity
- Deposit funds in your account
- Start trading!
Details to have handy
- Current Australian driver’s licence, and
- Australian birth certificate or Australian citizenship certificate, or
- Australian passport (current or one that has expired within the last two years) or current foreign passport including the signature page.
Not opening an individual account? Complete the application and we'll let you know what documentation you need to provide.
Why choose us?
- Flexible trading platforms that let you trade on the go
- Powerful trading tools, advanced charting and trusted research
- Trade with your own funds or borrow from ANZ
- Seamless integration with ANZ Internet Banking and ANZ Investment Lending
- Immediately trade sale proceeds prior to settlement
- Earn Qantas Pointsdisclaimer when you trade
Contact us
The ANZ Share Investing service is provided by CMC Markets Stockbroking Limited ABN 69 081 002 851 AFSL 246381 (CMC Markets Stockbroking), a Participant of the Australian Securities Exchange (ASX Group), Sydney Stock Exchange (SSX) and Chi-X Australia (Chi-X) at the request of Australia and New Zealand Banking Group Limited ABN 11 005 357 522 (ANZ). Disclosure documents relating to ANZ Share Investing products and services are available on anzshareinvesting.com.au or by calling us on 1300 658 355. ANZ is the issuer of the ANZ Cash Investment Account and ANZ V2 PLUS Account. The obligations of CMC Markets Stockbroking are not guaranteed by ANZ. CMC Markets Stockbroking and ANZ are not representatives of each other.
The ANZ Share Investment Loan is provided by Australia and New Zealand Banking Group Limited ABN 11 005 357 522, AFSL 234527 ("ANZ").
An ANZ Share Investment Loan is subject to investment risks, including possible losses in income, capital invested and additional liability for the loan. We therefore strongly advise you talk to your financial planner, tax adviser and/or stockbroker and ensure you understand the risks, the specific tax implications as well as the legal and financial ramifications of a share investment loan.
ANZ does not give personal advice about the ANZ Share Investment Loan or it's tax implications. This information is of a general nature and has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of the information, having regard to your objectives, financial situation and needs. ANZ recommends that you read the ANZ Share Investment Loan Product Disclosure Statement and the ANZ Investment Lending Terms and Conditions which are available at anzshareinvesting.com.au or by calling the Client Services Team on 1800 639 330 between 8.00am and 6.00pm (Sydney/Melbourne time) during ASX trading days before deciding whether to acquire, or to continue to hold the product.
All ANZ Share Investment Loan applications are subject to ANZ’s credit approval criteria. Fees and charges apply and are available here or by calling the Client Services Team on 1800 639 330 between 8.00am and 6.00pm (Sydney/Melbourne time) during ASX trading days.