Taylor Wimpey
Is this an opportunity to take a position ahead of the results?
Taylor Wimpey issues a Trading Update on Thurs, 27 Feb
- Last time Taylor Wimpey reported: FY Results, 27 Feb.
- The shares rose as much as 4.2% for a daily range of 7.7p or 4.5%.
- Shares -1.2% from 2019 highs; +41.2% from 2019 lows; +20.9% year-to-date.
- Currently 189p (at time of writing).
- Will we see another big share price move on Thursday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Taylor Wimpey – An Example
Let’s say you think that Taylor Wimpey results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Taylor Wimpey using CFDs, at the current price of 189p. To do this, you need £2,000.
For the purpose of this example, let’s assume Taylor Wimpey 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. Taylor Wimpey 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.