BT reports results on Thursday, 1 November

• The chart shows the price movement last time BT reported: Q1 Trading Update, 27 July.
• Shares opened +7.7p (+3.4%), went as low as +5.2p (+2.3%) and as high as +14.2p (+6.3%).
• The shares closed +11.2p (-5.0%) for a daily range of 9.1p or 4.0%.
• Shares -14.5% from 2018 highs; +18.4% from 2018 lows; -12.7% year-to-date.
• Recent share price range: Oct lows 222p; Oct highs 251p. Currently 237p (at time of writing).
• BT publishes H1 Results on Thursday, 1 Nov.
• Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires

Click to enlarge

Trading BT – An Example

Let’s say you think that BT results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of BT using CFDs, at the current price of 237p. To do this, you need £2,000.

For the purpose of this example, let’s assume BT reports strong results and the shares rise 10%. Your profit would be £1,000, 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. BT 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.