Diageo Spread Betting
Where Can I Spread Bet on Diageo?
You are currently able to financial spread bet with no brokers' fees on Diageo, as well as a variety of other markets, with firms like:
|Broker Ratings - Sponsored by IG
A look at the latest Diageo broker ratings:
|11-Mar-16||Outperform||RBC Capital Markets||1883||2100||11.50%|
|26-Feb-16||Outperform||RBC Capital Markets||1888.5||2100||11.20%|
|22-Jan-16||Outperform||RBC Capital Markets||1855||2100||13.20%|
|18-Dec-15||Outperform||RBC Capital Markets||1820.5||2000||9.90%|
|10-Dec-15||Outperform||RBC Capital Markets||1830||2000||9.30%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for Diageo?
The following CFDs chart and prices offers users a good guide to the Diageo market.
The chart above is provided by Plus 500 and typically tracks the underlying Diageo futures market.
If you would like to access spread trading charts and live prices for Diageo, an option is to use a financial spread betting account.
A spreads account can also give you access to spot markets. Users should note that opening an account is subject to status and suitability checks.
If your application is accepted, you can log on and study the charts and prices. On most platforms, these are provided as part of the service. Having said that, you're likely to get the odd call or newsletter from your chosen broker.
Of course, if you decide to trade then you should be aware that spread trading and CFDs involve a significant level of risk and you could lose more than your initial investment.
See below for more on advanced Diageo charts.
Professional Level Charting Packages for Diageo
Though charts tend to differ from provider to provider, in order to help your analysis, they often have tools and features such as:
Charts offered by Selftrade Markets also include other benefits such as:
- A number of time intervals such as 15 minutes, 1 hour, 1 day and so on
- A variety of displays such as line and candle charts
- Drawing options such as Fibonacci arcs, fans and time zones
Example share trading chart
- BackTesting and Tailored Indicators
- Chart overlays such as Bollinger Bands, Parabolic SAR, Chande Kroll Stop and so on
- Indicator charts such as Stochastics, Average Directional Index, Price and Volume Trend and so on
- Automated alerts when a market hits a certain level
The following online spread betting companies give clients access to real time trading charts and prices:
Where Can I Spread Bet on Diageo for Free?
Investing in the markets always includes an element of risk, but if you want to try a completely free Practice Account, that allows you to trial financial spread betting and access trading charts, please see below.
When deciding which investment option might work for you, don't forget that spread trading in the UK is tax free*.
If you are looking for a free financial spread betting platform then keep in mind that you can financial spread bet on Diageo commission free and with no brokers' fees via companies like:
If you are looking for a free Test Account / Practice Account so you can trial financial spread betting on markets such as the Dow Jones, gold, EUR/USD and Diageo, then you could have a closer look at:
Each of the spread betting companies listed above currently provide a Demo Account that allows users to practice with a variety of orders, review charts and test new ideas.
How to Spread Bet on Diageo?
Should an investor want to speculate on companies such as Diageo then one possibility could be to place a spread bet on the Diageo share price.
Logging onto FinancialSpreads.com, we can see they are valuing the Diageo Rolling Daily market at 1762.6p - 1765.4p. As a result, an investor could spread bet on the Diageo share price:
Going above 1765.4p, or
Going below 1762.6p
Whilst making a spread bet on FTSE 350 shares you trade in £x per penny. So, if you decide to invest £4 per penny and the Diageo share price moves 33p then that would make a difference to your P&L of £132. £4 per penny x 33p = £132.
Rolling Daily Equities Markets
This is a Rolling Daily Market which means that there is no closing date for this market. If you leave your position open at the end of the day, it will stay open and roll over into the next day.
If you do let your trade roll over into the next day and are spread betting on the market to:
Increase - then you are normally charged a small financing fee, or
Decrease - then a small payment is often credited to your account
To learn more please read Rolling Daily Spread Betting.
Diageo Rolling Daily - Shares Spread Betting Example
If we continue with the above spread of 1762.6p - 1765.4p and assume:
Then you could decide that you are going to buy at 1765.4p and invest, for the sake of argument, £4 per penny.
- You've completed your stock market research, and
- Your research suggests that the Diageo shares will increase and go higher than 1765.4p
With such a spread bet you make a profit of £4 for every penny that the Diageo shares move above 1765.4p. Nevertheless, you will lose £4 for every penny that the Diageo market falls below 1765.4p.
Considering this from another angle, if you were to ‘Buy’ a spread bet then your P&L is worked out by taking the difference between the final price of the market and the initial price you bought the spread at. You then multiply that difference in price by your stake.
Therefore, if after a few sessions the shares moved higher then you could consider closing your position so that you can secure your profit.
So if the market rose then the spread, determined by the spread betting firm, could change to 1796.3p - 1799.1p. You would close your spread bet by selling at 1796.3p. So, with the same £4 stake your profit would come to:
Your P&L = (Closing Value - Opening Value) x stake
Your P&L = (1796.3p - 1765.4p) x £4 per penny stake
Your P&L = 30.9p x £4 per penny stake
Your P&L = £123.60 profit
Speculating on equities, whether by spread betting or not, is not always easy. In the above example, you had bet that the share price would increase. However, it can also fall.
If the Diageo share price began to fall then you might decide to settle/close your spread bet in order to limit your losses.
So if the market dropped to 1738.9p - 1741.7p then you would settle your trade by selling at 1738.9p. If so, this would result in a loss of:
Your P&L = (Closing Value - Opening Value) x stake
Your P&L = (1738.9p - 1765.4p) x £4 per penny stake
Your P&L = -26.5p x £4 per penny stake
Your P&L = -£106.00 loss
Note: Diageo Rolling Daily spread correct as of 19-Oct-12.
Diageo Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Diageo with
'Diageo Spread Betting' edited by Jenna Cutly, updated 03-Oct-17
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