TalkTalk Spread Betting
Where Can I Spread Bet on TalkTalk?
Investors are currently able to take a view on TalkTalk, and a broad range of related online markets, with firms such as:
|Broker Ratings - Sponsored by IG
A look at the latest TalkTalk broker ratings:
|27-Jan-16||Sector Perform||RBC Capital Markets||205.7||250||21.50%|
|13-Jan-16||Strong Buy||Raymond James||196.3||275||40.10%|
|07-Sep-15||Sector Perform||RBC Capital Markets||299.5||370||23.50%|
|22-Jul-15||Sector Perform||RBC Capital Markets||365.1||410||12.30%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Spread Bet on TalkTalk for Free?
Speculating does involve risks, but if you would like to try a free Practice Account, that allows you to access candlestick charts and trial spread trading, then see below for more details.
When considering which investment option is right for you, also remember that, in the UK, spread trading is currently tax free*, i.e. there is no capital gains tax, income tax or stamp duty.
If you want a low cost financial spread betting site, note that you are able to speculate on TalkTalk with no brokers' fees or commissions through companies like:
If you would like to open a (free) virtual money Demo Account that allows users to try out online spread betting, and markets like the Dow Jones, EUR/GBP and TalkTalk, then you can always consider:
Each of the spread betting companies listed above offer a risk free Demo Account which lets users try out new theories, apply an array of orders and look at charts, such as candlestick and line charts.
How to Spread Bet on TalkTalk?
If you want to invest in companies such as TalkTalk then one possibility could be to place a spread bet on the TalkTalk share price.
Looking at a financial spread betting site like Selftrade Markets, we can see they are currently valuing the TalkTalk Rolling Daily market at 189.9p - 190.9p. Therefore, an investor could spread trade on the TalkTalk shares:
Increasing above 190.9p, or
Decreasing below 189.9p
When financial spread trading on FTSE 350 shares you trade in £x per penny. So, should you choose to invest £3 per penny and the TalkTalk shares move 36p then that would be a difference to your bottom line of £108. £3 per penny x 36p = £108.
Rolling Daily Equities Markets
Be aware that this is a Rolling Daily Market which means that unlike a normal futures market, there is no closing date. If you decide to leave your trade open at the end of the day, it will simply roll over to the next trading day.
If your bet is rolled over and you are speculating that the market will:
Move higher - then you will often be charged a small financing fee, or
Move lower - then a small payment is usually credited to your account
If you would like a fully worked example then see Rolling Daily Spread Betting.
TalkTalk Rolling Daily - Shares Spread Betting Example
Now, if we take the above spread of 189.9p - 190.9p and assume that:
Then you might decide to buy at 190.9p for a stake of, for example, £20 per penny.
- You have done your analysis of the shares, and
- Your analysis leads you to think that the TalkTalk share price will move higher than 190.9p
With such a bet you make a profit of £20 for every penny that the TalkTalk shares go above 190.9p. Nevertheless, such a bet also means that you will lose £20 for every penny that the TalkTalk market falls lower than 190.9p.
Thinking of this in a slightly different way, if you buy a spread bet then your profit/loss is worked out by taking the difference between the settlement price of the market and the price you bought the market at. You then multiply that difference in price by the stake.
Therefore, if after a few sessions the share price started to increase then you might think about closing your spread bet so that you can lock in your profit.
As an example, if the market increased then the spread, determined by the spread betting company, might change to 196.2p - 197.2p. You would close/settle your spread bet by selling at 196.2p. So, with the same £20 stake this trade would make you a profit of:
Your profit / loss = (Closing Level - Opening Level) x stake
Your profit / loss = (196.2p - 190.9p) x £20 per penny stake
Your profit / loss = 5.3p x £20 per penny stake
Your profit / loss = £106.00 profit
Spread betting on shares may not go to plan. With this example, you had bet that the share price would go up. Naturally, it can also fall.
If the TalkTalk shares had started to fall then you could choose to close your position in order to restrict your losses.
Should the spread fall back to 186.3p - 187.3p then you would close your trade by selling at 186.3p. So your loss would be calculated as:
Your profit / loss = (Closing Level - Opening Level) x stake
Your profit / loss = (186.3p - 190.9p) x £20 per penny stake
Your profit / loss = -4.6p x £20 per penny stake
Your profit / loss = -£92.00 loss
Note - TalkTalk Rolling Daily spread betting price taken as of 31-Oct-12.
Where Can I Find Live Prices and Charts for TalkTalk?
If you would like to access charts/prices for TalkTalk, you generally require a financial spread betting account. Note: Accounts are subject to status, credit and suitability checks.
Should your account application be approved then, after logging in, you will be able to make use of the live charts and the current prices. These are usually provided for free. Having said that, you might get the occasional sales letter or email from your financial spread betting company.
If you were to trade then, before you start, be aware that spread trading involves a significant level of risk and can result in you losing more than your initial deposit.
Even though the specific charting packages vary across the industry, to aid your trading analysis, they usually come with tools such as:
Charts on Selftrade Markets also have advanced features, including:
- A broad range of time intervals e.g. 2 minutes, 30 minutes, 2 hours etc
- A variety of chart views e.g. candlestick and line charts
- Drawing tools and features e.g. Fibonacci fans, arcs and time zones
Sample equities trading chart
- Back Testing, Tailored Indicators and Optimisation tools
- Useful technical overlays e.g. Bollinger Bands, Moving Average, Wilder's Smoothing etc
- Over 30 secondary charts e.g. Historical Volatility, RMI, Projection Bands etc
- Automatic email notifications when your chosen market reaches a pre-set price
The spread trading companies in the following list give account holders access to live trading prices and charts:
TalkTalk Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on TalkTalk with
'TalkTalk Spread Betting' edited by DB, updated 03-Oct-17
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