IAG (owner of British Airways)
Is this an opportunity to take a position ahead of the results?
British Airways owner IAG reports FY Results on Thursday, 28 Feb
- Last time British Airways owner IAG reported: Trading Update, 2 Nov.
- The shares closed -0.6% for a daily range of 37.6p or 6.1%.
- Shares -3.6% from 2019 highs; +10.8% from 2019 lows; +4.3% year-to-date.
- Currently 644p (at time of writing).
- Will we see another big share price move on Thursday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading British Airways owner IAG – An Example
Let’s say you think that British Airways owner IAG results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of British Airways owner IAG using CFDs, at the current price of 644p. To do this, you need £2,000.
For the purpose of this example, let’s assume British Airways owner IAG 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. British Airways owner IAG 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.