IAG
Is this an opportunity to take a position ahead of the results?
IAG issues Q1 Results on Fri, 10 May
- Last time IAG reported: FY Results, 28 Feb.
- The shares moved in a daily range of 7.5p or 3.4%.
- Shares -21.9% from 2019 highs; +4.5% from 2019 lows; -15.6% year-to-date.
- Currently 521p (at time of writing).
- Will we see another big share price move on Friday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading IAG– An Example
Let’s say you think that 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 IAG using CFDs, at the current price of 214p. To do this, you need £2,000.
For the purpose of this example, let’s assume IAG 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 3% below the current price. IAG 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.