Sainsburys Spread Bets





Also see Live Sainsburys chart below.



Where Can I Spread Bet on Sainsburys?

You can speculate on Sainsburys and numerous other markets by using an account with any of these spread betting providers:

Financial Spreads ETX Capital Spreadex IG City Index
FTSE 100 Shares Financial Spreads FTSE 100 Shares ETX Capital FTSE 100 Shares Spreadex FTSE 100 Shares IG FTSE 100 Shares City Index FTSE 100 Shares
FTSE 250 Shares Financial Spreads FTSE 250 Shares ETX Capital FTSE 250 Shares Spreadex FTSE 250 Shares IG FTSE 250 Shares City Index FTSE 250 Shares
You may also be available to spread bet on FTSE 350 stocks with other platforms. Also see spread betting comparison notes.


Live Sainsburys Chart




Live Sainsburys Chart




Where Can I Get Live Spread Betting Prices and Charts for Sainsburys?

For investors that are spread trading Sainsburys, the providers mentioned above have real-time price updates as well as charts that have a range of indicators.

Typical chart:
Sainsburys Spread Bets - Example Chart



Sainsburys Spread Betting Example

Sainsburys Spread Bets
If you are going to spread bet on shares such as Sainsburys then, on visiting a trading platform like FinancialSpreads.com, at the time of writing you would see a price of 308.85p – 309.25p.

Therefore, you can speculate on Sainsburys to move above 309.25p or move below 308.85p.

If you are spread trading, you trade on every unit the market increases or decreases. With the Sainsburys market a unit is 1p of the UK stock’s price movement.

So let’s say you choose to trade £5 for every penny Sainsburys rises or falls.


Spread Betting on the Market to Increase

If you bought Sainsburys at 309.25p and the UK stocks went up then the quote could become 327.81p – 328.21p. Therefore, you might want to close your bet for a profit by selling at 327.81p.

Profits (or Losses) = (settlement price of the market – opening price of the market) x stake per penny
Profits (or Losses) = (327.81p – 309.25p) x £5 per penny stake
Profits (or Losses) = 18.56p x £5 per penny
Profits (or Losses) = £92.80 profit

Nevertheless, if the UK stocks were to fall to 292.24p – 292.64p, you might want to close your bet to limit your losses. Assuming this was the case, you would sell back at 292.24p.

Therefore, with the same £5 per penny stake:

Profits (or Losses) = (settlement price of the market – opening price of the market) x stake per penny
Profits (or Losses) = (292.24p – 309.25p) x £5 per penny stake
Profits (or Losses) = -17.01p x £5 per penny
Profits (or Losses) = -£85.05 loss


Spread Betting on the Market to Decrease

A useful benefit of using a spread bet is that you can sell the markets, i.e. speculate on the markets to drop.

At the start of the example, the market was priced at 308.85p – 309.25p.

If you shorted Sainsburys at 308.85p and the UK stocks decreased then the quote might change to 291.77p – 292.17p. If that were to happen, you might want to close your position for a profit by buying at 292.17p.

Profits (or Losses) = (opening price of the market – settlement price of the market) x stake per penny
Profits (or Losses) = (308.85p – 292.17p) x £5 per penny stake
Profits (or Losses) = 16.68p x £5 per penny
Profits (or Losses) = £83.40 profit

Nevertheless, if the UK stocks had increased to, for example, 323.74p – 324.14p, you might decide to close your trade to restrict your losses. If that happened, you would buy back at 324.14p.

So, with the same £5 per penny stake:

Profits (or Losses) = (opening price of the market – settlement price of the market) x stake per penny
Profits (or Losses) = (308.85p – 324.14p) x £5 per penny stake
Profits (or Losses) = -15.29p x £5 per penny
Profits (or Losses) = -£76.45 loss


Sainsburys Rolling Daily spread betting market taken as of 05-Aug-14.

Please note that this is a Rolling Daily trade. This style of trade does not have a set closing date and rolls over to the next session automatically. If it does rollover, then you may receive a small credit or incur a small financing cost. Also see guide to rolling daily costs.



Sainsburys Test Accounts

The following companies also offer test accounts, these accounts let you see how spread trading works on Sainsburys in a risk-free way.



User Questions and Answers on Sainsburys

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