Ryanair
Is this an opportunity to take a position ahead of the results?
Ryanair reports Full Year Results on Monday, 20 May
- Last time Ryanair reported: Q3 Results, 4 Feb.
- The shares traded a daily range of 37.5c or 3.3%.
- Shares -16% from 2019 highs; +12.7% from 2019 lows; +1.2% year-to-date.
- Currently €10.83 (at time of writing).
- Could we see another big share price move on Monday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Ryanair – An Example
Let’s say you think that Ryanair results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Ryanair using CFDs, at the current price of €10.83. To do this, you need £2,000.
For the purpose of this example, let’s assume Ryanair 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. Ryanair 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.