Spread Betting Answers:
1. How to Spread Bet on E.On shares?
The current spread betting price of the E.On Rolling Daily market is €28.67 - €28.74 with spread trading companies such as Paddy Power.
Like many shares listed on the European stock exchanges, you can bet on the E.On shares to go up or down. With the E.On Rolling Daily market, investors can place a spread bet on:
a) E.On shares to move higher than €28.74, or
b) E.On shares to move lower than €28.67.
It should be noted that with the E.On market you trade in £X per cent, where a cent is 1c of E.On share movement. For example, if you invested £4 per cent and the E.On share price moves 5c then your P&L would change by £20.
E.On Equities Spread Trading Example
Considering an example, let’s say you see the live price on an online spread trading website and it shows a spread of €28.67 - €28.74. So, having done suitable research, you come to feel that the E.On share price will increase and move above €28.74. Therefore:
- You think the E.On shares should rise
- Therefore, you want to go long of, or buy, the market at €28.74 and you invest £2 per cent
- The market rises and so the spread changes to €29.31 - €29.38
- With this new spread you may choose to guarantee a profit and settle your position. To do this you would sell at €29.31
- You bought the spread at €28.74
- Profit/Loss = (Final Level - Initial Level) x stake
- Profit/Loss = (€29.31 - €28.74) x £2 per cent stake
- Profit/Loss = €0.57 x £2 per cent stake
- Profit/Loss = 57c x £2 per cent stake
- Profit/Loss = £114 profit
However, had the market failed to move as predicted, and had the E.On shares decreased in price, with the spread moving down to €28.14 - €28.21, then you might choose to settle your bet and restrict your losses by selling at €28.14.
- You initially bought the spread at €28.74
- Profit/Loss = (Final Level - Initial Level) x stake
- Profit/Loss = (€28.14 - €28.74) x £2 per cent stake
- Profit/Loss = -€0.60 x £2 per cent stake
- Profit/Loss = -60c x £2 per cent stake
- Profit/Loss = -£120 loss
Note that with a Rolling Daily Spread Bet if you Roll a bet over to the subsequent day you might incur a charge or income for each day that the trade is continued. For more information please see: Rolling Daily Spread Betting Charges.
(Prices correct as of 19-Jan-10)
You can also spread bet on German shares with companies such as: CityIndex and IG Index.
2. Where can I Financial Spread Bet on E.On shares?
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| FTSE 100 Shares |
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| FTSE 250 Shares |
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| DAX 30 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 E.On 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 E.On shares.
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4. Where can I find candlestick charts for E.On 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:
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Financial Spreads
Spread Betting - No Fees, No Commissions, Free Charts and Live Prices.
Spread Bet on Indices, Forex, Commodities, Shares and more. For details see Financial Spreads.
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"Spread Bet on E.On" last update by R Thomas, 26-Jan-2012
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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