Persimmon reports FY Results on Tuesday, 26 Feb

• Last time Persimmon reported: Trading Update, 15 Jan.
• The shares closed -1.3% for a daily range of 99p or 4.4%.
• Now trades 2301p (at time of writing).
• Shares -7.6% from 2019 highs; +1.3% from 2019 lows; +19.2% year-to-date.
• Will we see another big share price move on Tuesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Persimmon – An Example

Let’s say you think that Persimmon results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Persimmon using CFDs, at the current price of 2301p. To do this, you need £2,000.

For the purpose of this example, let’s assume Persimmon reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. Persimmon results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

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