Oracle Spread Betting
Where Can I Spread Bet on Oracle? |
Currently, investors can financial spread bet without paying any commissions or brokers' fees on Oracle with any of the following spread betting firms:
Advert:
Oracle Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Oracle with
Financial Spreads.
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Where Can I Spread Bet on Oracle for Free? |
Investing in the markets always has risks, however, if you want to open an entirely free Test Account, where you can trial spread betting and check charts, please see below for further details.
When deciding which trading option might work for you, don't forget that in the UK, financial spread betting is exempt from income tax, stamp duty and capital gains tax*.
If you're interested in a free spread trading website, you should keep in mind that you can speculate on Oracle with no brokers' fees and no commissions through companies such as:
If you want a (free) Practice Account / Test Account which allows users to try out spread betting, and markets such as Oracle, then you could always consider:
Each of the above spread betting companies currently offer a risk free Test Account that lets users test new trading ideas, apply orders and look at charts.
Where Can I Find Live Spread Betting Prices and Charts for Oracle? |
The CFD trading chart and prices below provides you with a nice guide to the Oracle market.
The chart above typically uses the Oracle futures contract (not the spot market).
If you want to check spread betting charts and the current pricing for Oracle, you generally require a spread betting account.
In addition, a spreads account would give you access to the shorter term daily markets. Users should note that opening any such account is normally dependent on credit, suitability and status checks.
If your application is approved then, after logging in, you will be able to analyse the live charts/prices. Usually, these will be free. So what's the catch? You're likely to receive an occasional sales letter and/or email from the spread trading provider.
If you want to trade then remember that financial spread betting and contracts for difference do involve a high level of risk to your capital and losses could exceed your initial deposit.
Professional Charts for Oracle |
Although the charts tend to differ between firms, to aid your trading analysis, the charts usually come with useful tools such as:
- A host of different time periods e.g. 3 minutes, 1 hour, 1 day etc
- A variety of chart views e.g. candlestick, line and OHLC charts
- Tools for drawing and adding features e.g. Fibonacci Arcs, Fans and Time Zones
Charts provided by Tradefair Spreads also have advanced features such as:
- Tailored Indicators and BackTesting
- Useful overlays e.g. Exponential Moving Average, Ichimoku Cloud, Price Channels etc
- A selection of indicators e.g. Momentum Percentage, Williams %R, Accumulation Distribution etc
- Custom email notifications for when the markets hit a pre-set level
Sample shares chart from FinancialSpreads.com
The following online spread betting companies offer account holders real-time trading charts and prices:
How to Spread Bet on Oracle? |
Should you want to speculate on US companies such as Oracle then one solution could be to place a spread bet on the Oracle share price.
Looking at a website like Financial Spreads, we can see they are currently offering the Oracle Rolling Daily market at $35.14 - $35.19. Therefore, you could spread bet on the Oracle share price:
Rising above $35.19, or
Falling below $35.14
When financial spread betting on S&P 500 equities you trade in £x per cent. Therefore, if you decided to risk £4 per cent and the Oracle share price changes by $0.33 then that would be a difference to your profit/loss of £132. £4 per cent x $0.33 = £132.
Note that you can also trade this market in Euros or Dollars, e.g. €x per cent.
Rolling Daily Shares Markets
Be aware that this is a Rolling Daily Market and so unlike a normal futures market, there is no settlement date. You do not have to close your trade, should it still be open at the end of the trading day, it just rolls over into the next session.
If your bet does roll over and you are speculating on the market to:
Increase - then you will pay a small overnight financing fee, or
Decrease - then a small payment is normally credited to your account
For a more detailed example see Rolling Daily Spread Betting.
Oracle Rolling Daily - US Shares Trading Example |
Now, if we consider the spread of $35.14 - $35.19 and assume:
- You have done your equities analysis, and
- You think the Oracle share price is likely to increase and go higher than $35.19
Then you could decide to buy a spread bet at $35.19 and invest, let’s say, £3 per cent.
Therefore, you make a profit of £3 for every cent that the Oracle shares go above $35.19. On the other hand, such a bet also means you will make a loss of £3 for every cent that the Oracle market falls lower than $35.19.
Looking at this from another angle, should you ‘Buy’ a spread bet then your P&L is calculated by taking the difference between the settlement price of the market and the price you bought the spread at. You then multiply that price difference by the stake.
As a result, if the share price rose then you might consider closing your spread bet and therefore guarantee your profits.
So if the market moved up then the spread, determined by the spread betting company, might change to $35.59 - $35.64. In order to close your spread bet you would sell at $35.59. Accordingly, with the same £3 stake your profit would come to:
P&L = (Closing Price - Opening Price) x stake
P&L = ($35.59 - $35.19) x £3 per cent stake
P&L = $0.40 x £3 per cent stake
P&L = 40¢ x £3 per cent stake
P&L = £120 profit
Speculating on shares, by spread trading or otherwise, is not simple. With this example, you wanted the share price to rise. Nevertheless, it might go down.
If the Oracle shares had started to fall then you might choose to close your trade to limit your losses.
So if the market dropped to $34.84 - $34.89 then you would settle your spread bet by selling at $34.84. If so, that would mean you would lose:
P&L = (Closing Price - Opening Price) x stake
P&L = ($34.84 - $35.19) x £3 per cent stake
P&L = -$0.35 x £3 per cent stake
P&L = -35¢ x £3 per cent stake
P&L = -£105 loss
Note - Oracle Rolling Daily equities market quoted as of 06-Feb-13.
Advert:
Oracle Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Oracle with
Financial Spreads.
|
Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Oracle Spread Betting' by DB, updated 20-Feb-13
For related pages also see:
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Oracle Spread Betting, updated 20-Feb-13
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