IG has become the first platform globally to offer daily options on Tesla shares, introducing zero days to expiry (0DTE) contracts that provide traders with unprecedented flexibility for short-term positioning.
The innovative product, exclusive to IG and unavailable on any global exchange, including those in the United States, allows traders to trade the daily volatility in Tesla shares. The contracts settle at the US market close, enabling intraday risk management in a way that isn’t available anywhere else.
The launch addresses growing demand in the derivatives market, where daily options have gained significant traction. In the US, 0DTE index options now represent over 50% of total daily options volume, yet no provider has previously offered this structure for individual equities.
IG’s UK client base has demonstrated strong appetite for options trading, with activity increasing 27% year-on-year alongside a 9% rise in active options traders. The figures reflect broader market interest in sophisticated trading instruments that offer precise risk management capabilities.
Elliot Harris, Head of Options at IG, said: “We’re proud to be the first in the world to offer daily expiring Tesla options, giving our clients unmatched flexibility and speed. These contracts are a powerful new tool for short-term traders looking to capitalise on Tesla’s intraday price swings, which in recent times have been pretty dramatic.
“This is one of the fastest-growing areas in global trading, and we want to be at the forefront – driving innovation and giving our clients the tools they’re asking for. Daily Tesla options are just the beginning. We’re here to push boundaries and lead the way in delivering smarter, faster trading solutions.”
Available through spread betting and contracts for difference (CFDs) on IG’s platform and mobile application, the daily Tesla options will trade Monday through Thursday. Friday trading remains unavailable due to existing weekly options contracts on that day.
IG confirmed plans to extend daily options to additional major US equities in the near term, building on this pioneering launch in the individual stock options market.