Vodafone publishes Q2 Trading Update on Friday, 26th July.

• Last time Vodafone reported: Q1 Results, 14th May.
• The shares moved in a daily range of 6.6p or 5%.
• Shares -18.7% from 2019 highs; +5.1% from 2019 lows; -15.6% year-to-date.
• Currently 128.8p (at time of writing).
• Will we see another big share price move on Friday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Vodafone  – An Example

Let’s say you think that Vodafone results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Vodafone using CFDs, at the current price of 128.8p. To do this, you need £2,000.

For the purpose of this example, let’s assume Vodafone 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 5% below the current price. Vodafone 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.