Is this an opportunity to take a position ahead of the results?

Schroders reports results on Monday (15th Oct)

• The chart shows the price movement last time Schroders reported: H1 results, 26 July.
• Opened 6p higher (+0.2%; high of day), fell as low as -157p (-4.9%), closed -133p (-4.1%); daily range 163p (5.1%).
• 8 Oct: Schroders confirms discussions with Lloyds Banking about Wealth Management JV
• Shares -20.6% from 2018 highs; +2.3% from 2018 lows; -16.9% year-to-date.
• Recent share price range: Oct lows 2892p; Oct highs 3095p. Currently 2919p (at time of writing).
• Schroders issues a Q3 Update on Monday (15 Oct).
• Will we see another big move?

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Trading Schroders – An Example

Let’s say you think that Schroders results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Schroders using CFDs, at the current price of 2919p. To do this, you need £2,000.

For the purpose of this example, let’s assume Schroders reports strong results and the shares rise 5%. Your profit would be £500, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss 3% below the current price. Schroders results miss, it falls 3% and hits your stop-loss. Your loss would be £300.

This is provided for information purposes only. It should not be taken as a recommendation.