William Hill
Is this an opportunity to take a position ahead of the results?
William Hill reports results on Monday, 21 January
- The chart shows the price movement last time William Hill reported: Trading Statement, 6 Nov.
- Shares traded a daily range of 15.4p or 7.2%.
- Shares fell after bookmaker warned of lower profit.
- Shares -1.1% from 2019 highs; +12.5% from 2019 lows; +9.6% year-to-date.
- William Hill publishes Trading Statement on Monday, 21 January.
- Will we see another big move?
- Source: Bloomberg, FT, Reuters, DJ Newswires
Trading William Hill – An Example
Let’s say you think that William Hill results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of William Hill using CFDs, at the current price of 171p. To do this, you need £2,000.
For the purpose of this example, let’s assume William Hill 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. William Hill 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.