Unilever
Is this an opportunity to take a position ahead of the results?
Unilever publishes a Q1 Trading Update on Weds, 17 Ap
- Last time Unilever reported: FY Results, 15 Feb.
- The shares traded 129p or 3.2% range on the day.
- Shares -1.5% from 2019 highs; +11.7% from 2019 lows; +6.23% year-to-date.
- Currently 4364p (at time of writing).
- Will we see another big share price move on Wednesday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Unilever – An Example
Let’s say you think that Unilever results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Unilever using CFDs, at the current price of 4364p. To do this, you need £2,000.
For the purpose of this example, let’s assume Unilever 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. Unilever 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.