Greggs Spread Betting
Where Can I Spread Bet on Greggs?
Currently, you can financial spread bet commission free and with no brokers' fees on Greggs, as well as a range of other online markets, via:
|Broker Ratings - Sponsored by IG
A look at the latest Greggs broker ratings:
|24-Jul-15||Buy||Canaccord Genuity Corp||1189||1350||13.50%|
|29-Apr-15||Buy||Canaccord Genuity Corp||1091||1300||19.20%|
|04-Mar-15||Buy||Canaccord Genuity Corp||876||980||11.90%|
|06-Feb-15||Buy||Canaccord Genuity Corp||831||980||17.90%|
|23-Jan-15||Buy||Canaccord Genuity Corp||853||980||14.90%|
|07-Jan-15||Buy||Canaccord Genuity Corp||737||860||16.70%|
|15-Dec-14||Buy||Canaccord Genuity Corp||681.5||830||21.80%|
|09-Sep-14||Hold||Oriel Securities Ltd||537.5||500||-7.00%|
|09-May-14||Hold||Oriel Securities Ltd||546.5||500||-8.50%|
|30-Apr-14||Sell||Oriel Securities Ltd||532||400||-24.80%|
|27-Feb-14||Sell||Oriel Securities Ltd||485||400||-17.50%|
|09-Oct-13||Sell||Canaccord Genuity Corp||437.8||330||-24.60%|
|04-Oct-13||Sell||Oriel Securities Ltd||424.9||350||-17.60%|
|06-Aug-13||Sell||Canaccord Genuity Corp||409.3||330||-19.40%|
|29-Jul-13||Sell||Oriel Securities Ltd||430||340||-20.90%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Prices and Charts for Greggs?
The CFD trading chart and prices below gives you a useful insight into the Greggs share price.
The above chart is from Plus 500 and is usually based on the near-term Greggs futures price.
Should you want to access real-time financial spread betting charts and prices for Greggs, you generally need a financial spread betting account.
In addition, a spreads account also gives you access to shorter term spot prices. Note that opening any such account is subject to credit, suitability and status checks.
If your application is approved, you will be able to log in and analyse the real-time trading charts/prices. Usually, these are free. The catch is that you're likely to get the occasional newsletter or call from the spread trading firm.
If you were to trade then, before you start, remember that CFDs and spread betting do involve a high level of risk to your capital and it is possible to lose more than your initial deposit.
See below for more on advanced Greggs charts.
Professional Level Charting Packages for Greggs Shares
Although the specific charting packages vary between platforms, to help you with your technical analysis, they usually come with valuable features and tools such as:
The charts offered by FinancialSpreads.com also have other benefits such as:
- A broad range of intervals e.g. 3 minutes, 2 hours, 1 week etc
- Various displays e.g. OHLC and candlestick charts
- Tools for adding features e.g. Fibonacci Arcs, Fans and Time Zones
Example equities trading chart
- Customisable Indicators, Back Testing and Optimisation functions
- Chart overlays e.g. EMA, Ichimoku Kinko Hyo, Linear Regression etc
- A choice of indicator charts e.g. Chaikin Volatility, Relative Volatility Index, Commodity Channel Index etc
- Email notifications when your chosen market reaches a particular level
The following spread betting firms give their users live prices/charts:
Where Can I Spread Bet on Greggs for Free?
Investing always has risks, however, if you want to open a free Demo Account, where you can trial spread trading, then please see below.
When deciding which trading option might work for you, don't forget that spread betting, in the UK, is tax free*, i.e. there is no capital gains tax, income tax or stamp duty.
If you are interested in a low cost spread trading platform then note that investors are able to take a position on Greggs with zero commissions and no brokers' fees through firms such as:
If you would like to open a free Practice Account / Demo Account where users can try spread betting, and speculating on markets such as Greggs, then have a look at:
All of the above currently offer a free Practice Account that lets investors apply a variety of orders, try out strategies and review charts.
How to Spread Bet on Greggs?
Should an investor want to speculate on companies like Greggs then one possibility is to spread trade on the Greggs share price.
Logging into capital spreads, we can see that they are offering the Greggs Rolling Daily market at 466.0p - 467.4p. As a result, you could spread bet on the Greggs share price:
Increasing higher than 467.4p, or
Decreasing lower than 466.0p
Whilst spread trading on FTSE 350 shares you trade in £x per penny. As a result, if you staked £3 per penny and the Greggs 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
Note that this is a Rolling Daily Market and therefore unlike a normal spread betting futures market, there is no settlement date. If your trade is open at the end of the day, it simply keeps rolling over into the next day.
If your trade does roll over and you are speculating on the market to:
Go higher - then you will pay a small overnight financing fee, or
Go lower - then you will normally receive a small credit to your account
To learn more please read Rolling Daily Spread Betting.
Greggs Rolling Daily - Shares Spread Trading Example
If you think about the spread of 466.0p - 467.4p and assume that:
Then you could choose to go long of the market at 467.4p for a stake of £5 per penny.
- You've completed your analysis of the shares, and
- Your research suggests that the Greggs shares will rise above 467.4p
So, you make a profit of £5 for every penny that the Greggs shares increase and move higher than 467.4p. On the other hand, it also means you will make a loss of £5 for every penny that the Greggs market falls lower than 467.4p.
Thinking of this in a slightly different way, if you buy a spread bet then your profits (or losses) are found by taking the difference between the final price of the market and the initial price you bought the market at. You then multiply that difference in price by the stake.
If after a few days the stock moved higher then you could consider closing your position in order to lock in your profit.
Taking this a step further, if the market rose then the spread, determined by the spread betting company, could be adjusted to 486.1p - 487.5p. To close your position you would sell at 486.1p. So, with the same £5 stake your profit would be:
P&L = (Closing Price - Initial Price) x stake
P&L = (486.1p - 467.4p) x £5 per penny stake
P&L = 18.7p x £5 per penny stake
P&L = £93.50 profit
Trading shares, by spread trading or otherwise, may not go to plan. In this case, you wanted the share price to increase. Nevertheless, the share price could decrease.
If the Greggs shares began to drop then you could choose to close your position to limit your losses.
Should the market pull back to 445.4p - 446.8p you would sell back your position at 445.4p. If so, your loss would be calculated as:
P&L = (Closing Price - Initial Price) x stake
P&L = (445.4p - 467.4p) x £5 per penny stake
P&L = -22.0p x £5 per penny stake
P&L = -£110.00 loss
Note - Greggs Rolling Daily spread betting market taken as of 31-Oct-12.
Greggs Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Greggs with
'Greggs Spread Betting' edited by DB, updated 03-Oct-17
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