Spread Bet on Elan Corporation

Spread Betting

Spread Bet on Elan Corporation

The SpreadBets guide to Elan Corporation spread betting:
  1. How to spread bet on Elan Corporation shares?
  2. Where can I spread bet on Elan Corporation shares?
  3. Where can I find real-time spread betting prices for Elan Corporation shares?
  4. Where can I find candlestick charts for Elan Corporation?
Spread Bet on Elan Corporation

Spread Betting Answers:

1. How to Spread Bet on Elan Corporation shares?

Looking at the equities markets, the current price of the Elan Corporation Rolling Daily market is €5.51 - €5.59 with FinancialSpreads.com.

As with most large cap equities listed on the European stock exchanges, an investor can place a spread bet on the Elan Corporation shares to go up or down. With the Elan Corporation Rolling Daily market, you can spread bet on:

a) Elan Corporation shares to go above €5.59, or
b) Elan Corporation shares to go below €5.51.

With the Elan Corporation market you trade in £X per cent, where a cent is 1c of Elan Corporation share movement. As an example, if your stake was £10 per cent and the Elan Corporation shares move 4c then your profits (or losses) would alter by £40.

Elan Corporation Shares Spread Betting Example

Considering an example, let’s assume you see the live price on a spread trading website and it gives the current spread of €5.51 - €5.59. So, following your analysis, you come to think that the Elan Corporation shares will move higher than €5.59. As a result:
  1. You think the Elan Corporation share price should rise
  2. You choose to ‘buy’ the market at €5.59 and you risk £5 per cent
  3. The market increases with the market changing to €5.77 - €5.85
  4. As a result, you could choose to take your profit and close your position. In order to do this you would sell at €5.77
  5. Price you bought the spread bet at: €5.59
  6. Profit/Loss = (Final Level - Initial Level) x stake
  7. Profit/Loss = (€5.77 - €5.59) x £5 per cent
  8. Profit/Loss = €0.18 x £5 per cent
  9. Profit/Loss = 18c x £5 per cent
  10. Profit/Loss = £90 profit
However, if the trade did not move as planned, and had the Elan Corporation share price decreased, with the market decreasing to €5.42 - €5.50, then you could decide to settle your bet and restrict your loss. You would do this by selling at €5.42.
  1. Buy price = €5.59
  2. Profit/Loss = (Final Level - Initial Level) x stake
  3. Profit/Loss = (€5.42 - €5.59) x £5 per cent
  4. Profit/Loss = -€0.17 x £5 per cent
  5. Profit/Loss = -17c x £5 per cent
  6. Profit/Loss = -£85 loss
Note that with a Rolling Daily Spread Bet if you Roll a bet over to the next day you could incur a charge or income for every day that the trade is still open. For more details please read: Rolling Daily Spread Betting Charges.

(Spread betting market accurate as of 15-Jan-10)

2. Where can I Financial Spread Bet on Elan Corporation shares?


Shares

Financial Spreads Capital Spreads ETX Capital IG Index Tradefair City Index GFT
FTSE 100 Shares Financial Spreads FTSE 100 Shares Capital Spreads FTSE 100 Shares ETX Capital FTSE 100 Shares IG Index FTSE 100 Shares Tradefair FTSE 100 Shares City Index FTSE 100 Shares GFT FTSE 100 Shares
FTSE 250 Shares Financial Spreads FTSE 250 Shares Capital Spreads FTSE 250 Shares ETX Capital FTSE 250 Shares IG Index FTSE 250 Shares Tradefair FTSE 250 Shares City Index FTSE 250 Shares GFT FTSE 250 Shares
Wall Street Shares Financial Spreads Wall Street Shares Capital Spreads Wall Street Shares ETX Capital Wall Street Shares IG Index Wall Street Shares Tradefair Wall Street Shares City Index Wall Street Shares GFT Wall Street Shares
S&P 500 Shares Financial Spreads S&P 500 Shares Capital Spreads S&P 500 Shares ETX Capital S&P 500 Shares IG Index S&P 500 Shares Tradefair S&P 500 Shares City Index S&P 500 Shares GFT S&P 500 Shares
Nasdaq 100 Shares Financial Spreads Nasdaq 100 Shares Capital Spreads Nasdaq 100 Shares ETX Capital Nasdaq 100 Shares IG Index Nasdaq 100 Shares Tradefair Nasdaq 100 Shares City Index Nasdaq 100 Shares GFT Nasdaq 100 Shares
DAX 30 Shares Financial Spreads DAX 30 Shares Capital Spreads DAX 30 Shares ETX Capital DAX 30 Shares IG Index DAX 30 Shares Tradefair DAX 30 Shares City Index DAX 30 Shares GFT DAX 30 Shares
CAC 40 Shares Financial Spreads CAC 40 Shares Capital Spreads CAC 40 Shares ETX Capital CAC 40 Shares IG Index CAC 40 Shares Tradefair CAC 40 Shares City Index CAC 40 Shares GFT CAC 40 Shares
Irish Shares Financial Spreads Irish Shares Capital Spreads Irish Shares ETX Capital Irish Shares IG Index Irish Shares Tradefair Irish Shares City Index Irish Shares GFT Irish Shares
Other Shares Financial Spreads Other Shares Capital Spreads Other Shares ETX Capital Other Shares IG Index Other Shares Tradefair Other Shares City Index Other Shares GFT Other Shares
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 Elan Corporation 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 Elan Corporation shares.



Advert 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.


4. Where can I find candlestick charts for Elan Corporation 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:

Irish Shares Candlestick Chart


Advert 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.



"Spread Bet on Elan Corporation" last update by R Thomas, 16-Apr-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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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.

* Spread betting is tax free in the UK. This tax free status is subject to change and can differ if you pay tax outside the UK.

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