Full Service share trading with InvestorFirst Queensland
InvestorFirst Queensland provides full service share broking and advice.
MyMoney partners with InvestorFirst Queensland to provide Share Trading for Investors and Traders.
Investing in Shares with InvestorFirst Queensland
However, as a full service broker, they offer our clients more than just investing in shares on the Australian Securities Exchange (ASX).
Clients can access:
- Advice on share selection and portfolio construction;
- Recommendations supported by research;
- Access to all shares listed on the ASX, and secondary exchanges like the Bendigo Stock Exchange (BSX) and the National Stock Exchange (NSX);
- Options and derivatives specialists (including instalment warrants);
- New investment opportunities in some of the best floats and IPOs;
- Access to our website, allowing you to monitor your investments, read award winning research, and check share prices, announcements and more.
In fact, we encourage you to take advantage of all the investment opportunities available to you.
Investing in Options with InvestorFirst Queensland
InvestorFirst Queensland has a dedicated options team to advise and assist you. To start trading options , you first need to sign an options agreement, and open a Cash Management Account to facilitate settlement of positions.
Advantages of Options Trading
A simple strategy is to use put options which allow investors holding shares to hedge against a possible fall in their value. This can be considered similar to taking out insurance against a fall in the share price.
Time to Decide
By buying a call option, the purchase price for the shares is locked in. This gives the call option holder until the expiry date to decide whether or not to exercise the option and buy the shares. Likewise, the buyer of a put option has time to decide whether or not to sell the shares.
The ease of trading in and out of an option position makes it possible to trade options even if there is no intention of ever exercising them. If an investor expects the market to rise, they may decide to buy call options and vice versa. Either way the holder can sell the option prior to expiry to take a profit or limit a loss.
Leverage provides the potential to make a higher return from a smaller initial outlay than investing directly. However, leverage usually involves more risk than a direct investment in the underlying shares. Trading in options can allow investors to benefit from a change in the price of the share without having to pay the full price of the share.
ASX's Options Market allow investors to build a diversified portfolio for the same or even lower initial outlay than purchasing shares directly.
Share holders can earn extra income over and above dividends by writing call options against their shares. By writing an option they receive the option premium upfront. While they get to keep the option premium, there is the possibility that they could be exercised against and have to deliver their shares to the buyer of the option at the exercise price. This is called a 'covered write' strategy.