Spread Betting Answers:
1. How to Spread Bet on 888 shares?
Looking at the equities markets, the current price of the 888 Rolling Daily market is 43.1p - 43.6p with spread betting companies like Tradefair.
Like most large cap shares listed on the leading stock exchanges, an investor can spread bet on the 888 shares either increasing or decreasing in value. With this 888 Rolling Daily market, investors can bet on:
a) 888 shares to rise above 43.6p, or
b) 888 shares to fall below 43.1p.
Note that with the 888 market you trade in £X per penny, where a penny is 1p of 888 share price movement. As a brief example, if you invested £10 per penny and the 888 shares move 5p then your profits (or losses) would change by £50.
888 Shares Spread Betting Example
For example, let’s say you see the live price on an online spread trading website and it gives the current spread of 43.1p - 43.6p. So, having done your market analysis, you come to feel that the 888 shares is going to move above 43.6p. As a result:
- You believe the 888 share price will go up
- As a result, you decide you are going to go long of the market at 43.6p and you invest £25 per penny
- The share price increases and the spread becomes 46.2p - 46.7p
- Therefore, you could choose to guarantee a profit and settle your bet. You would do this by selling at 46.2p
- Initial price you bought the spread bet at: 43.6p
- Profits (or losses) = (Final Price - Initial Price) x stake
- Profits (or losses) = (46.2p - 43.6p) x £25 stake
- Profits (or losses) = 2.6p x £25 stake
- Profits (or losses) = £65.00 profit
Spread betting does not always go to plan. If the trade did not move as predicted, and had the 888 shares decreased in price, with the market decreasing to 40.5p - 41.0p, then you can decide to settle your position and prevent further losses by selling at 40.5p.
- You initially bought the market at 43.6p
- Profits (or losses) = (Final Price - Initial Price) x stake
- Profits (or losses) = (40.5p - 43.6p) x £25 stake
- Profits (or losses) = -3.1p x £25 stake
- Profits (or losses) = -£77.50 loss
Please note that with a Rolling Daily Spread Bet if you Roll a bet over to the following day you might incur a charge or income for every day that the trade is held overnight. For more information please read: Rolling Daily Spread Betting Charges.
(Spread trading prices quoted as of 08-Mar-11)
2. Where can I Financial Spread Bet on 888 shares?
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| FTSE 100 Shares |
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| FTSE 250 Shares |
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| Wall Street Shares |
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| S&P 500 Shares |
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| Nasdaq 100 Shares |
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| DAX 30 Shares |
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| CAC 40 Shares |
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The above spread betting markets may also be available with other companies. Also see Comparison Table Notes.
3. Where can I find real-time spread betting prices for 888 shares?
All of the above companies provide access to real-time prices to their account holders.
Note that you may need to log into your account in order to see live spread betting prices for 888 shares.
4. Where can I find candlestick charts for 888 shares?
A number of the spread betting companies offer a variety of charts, including candlestick charts. Note that you may need to open an account with the respective company in order to see the charts and/or have full access to real-time charts that you can manipulate. Spread betting accounts are subject to status, terms and conditions.
Candlestick charts are currently available with:
Charts may also be available from other spread betting companies.
Example charts from Financial Spreads:
"Spread Bet on 888" last update by R Thomas, 30-Nov-2011
Warning: Financial spread betting carries a high level of risk. You can lose more than your initial investment or stake. Financial spread betting may not be suitable for all investors. Only trade with money that you can afford to lose. Make sure you fully understand the risk involved. If necessary, seek independent financial advice.
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Spread Bet on 888 - last update: 30-Nov-2011
How and where to spread bet on 888. Which spread betting companies offer trading on 888 and where to find 888 charts for . . . read more - Spread Bet on 888.
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