BT
Is this an opportunity to take a position ahead of the results?
BT publishes Q3 Results on Thurs, 31 Jan.
- Last time BT reported: H1 Results, 1 Nov.
- The shares closed +7.3% for a daily range of 17.7p or 7.3%.
- Shares -15.1% from 2018 highs; +17.5% from 2018 lows; +0.3% year-to-date.
- Currently 238p (at time of writing).
- Will we see another big share price move on Thursday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
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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 238p. 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 £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. 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.