Paddy Power Betfair reports FY Results on Wednesday, 6 Mar

• Last time Paddy Power Betfair reported: Q3 Trading Update, 2 Nov.
• The shares closed +1.8% for a daily range of 325p or 4.7%.
• Shares -10.6% from 2019 highs; +2.7% from 2019 lows; -3.6% year-to-date.
• Currently 6170p (at time of writing).
• Could we see another big share price move on Wednesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Paddy Power Betfair – An Example

Let’s say you think that Paddy Power results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Paddy Power using CFDs, at the current price of 6170p. To do this, you need £2,000.

For the purpose of this example, let’s assume Paddy Power 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 3% below the current price. Paddy Power 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.