Tesco Spread Bets





Also see Live Tesco chart below.



Where Can I Spread Bet on Tesco?

Investors can trade on Tesco with the following firms:

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 Tesco Chart




Live Tesco Chart




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

For any investors trading Tesco, the providers mentioned above have live price updates and charts with a broad range of sophisticated options.

Example spread betting chart from FinancialSpreads.com:

Tesco Spread Bets - Example Chart



Tesco Spread Betting Example

Tesco Spread Bets
If you are interested in financial spread betting on equities such as Tesco then, on visiting a website like Financial Spreads, at the moment you would find a price of 251.42p – 251.73p.

That means you can speculate on Tesco to go higher than 251.73p or to go lower than 251.42p.

When spread betting, you speculate on every unit the market increases or decreases; for the Tesco market a unit is 1p of the stock’s price movement.

Let’s say, for instance, that you decide to trade £15 for every penny Tesco rises or falls.


Buying – Spread Betting on the Market to Rise

If you were to buy Tesco at 251.73p and the stock increased then the spread might change to 259.28p – 259.59p. If this were the case, you might choose to close your bet for a profit at 259.28p.

Your P&L = (final price of the market – opening price of the market) x stake per penny
Your P&L = (259.28p – 251.73p) x £15 per penny stake
Your P&L = 7.55p x £15 per penny
Your P&L = £113.25 profit

Markets do of course fall, if the stock had decreased to 243.17p – 243.48p, you may decide to close your trade to restrict your losses. If so, you’d sell the market at 243.17p.

Therefore, with the same £15 per penny stake:

Your P&L = (final price of the market – opening price of the market) x stake per penny
Your P&L = (243.17p – 251.73p) x £15 per penny stake
Your P&L = -8.56p x £15 per penny
Your P&L = -£128.40 loss


Selling – Spread Betting on the Market to Fall

One of the benefits of financial spread betting is that you can short sell the markets, i.e. speculate that the markets will go down.

When we began this example, the market was 251.42p – 251.73p.

If you were to sell Tesco at 251.42p and the stock fell then you might see the price move to 242.44p – 242.75p. Therefore, you might want to close your position for a profit at 242.75p.

Your P&L = (opening price of the market – final price of the market) x stake per penny
Your P&L = (251.42p – 242.75p) x £15 per penny stake
Your P&L = 8.67p x £15 per penny
Your P&L = £130.05 profit

The markets can of course rise, if the stock had moved up to 260.94p – 261.25p, you may decide to close your bet to prevent further losses. In that case, you would buy at 261.25p.

With the same £15 per penny stake:

Your P&L = (opening price of the market – final price of the market) x stake per penny
Your P&L = (251.42p – 261.25p) x £15 per penny stake
Your P&L = -9.83p x £15 per penny
Your P&L = -£147.45 loss


Tesco Rolling Daily market accurate as of 05-Aug-14.

Please note that this is a ‘Rolling Daily’ market. This sort of market doesn’t have a set settlement date and rolls over to the next trading day automatically. When a market rolls over you may receive a small credit or be charged a small overnight financing fee. For more details see rolling daily spread trading charges.



Tesco Practice Accounts

The following firms have free test accounts. I.e. accounts where you can see how spread trading works on Tesco without putting your capital at risk.



User Questions and Answers on Tesco

Leave a Reply