Spread Betting on the Chevron Share Price (CVX)

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Financial Spreads: Spread Betting and CFD Trading

Losses can exceed deposits

Where Can I Spread Bet on Chevron?

FinancialSpreads.com offers a variety of equities such as Chevron, Unilever, PepsiCo and Total, along with a selection of other UK, US and global shares.

Where Can I Access Live Prices for the Chevron Market?

Financial Spreads offers investors real-time prices on 1,000+ financial spread betting and CFD markets such as Chevron and a large variety of other stocks, foreign exchange, commodities and stock markets.

Where Can I Get Live Chevron Charts?

When trading with a Financial Spreads account clients have access to live candlestick charts for Chevron and numerous other CFD and spread trading markets.

Along with several display styles, the package has a large variety of options like:
Sample share spread betting chart:

Shares Spread Betting Charts



Financial Spread Betting on Chevron

As an example, let's imagine you look at the Financial Spreads site and see the live price is:

  Chevron Rolling Cash Sell

11170.0
Buy

11185.0


Here is a brief example of how it works...

Spread Betting Market:Chevron Rolling Cash
The Spread Trading Price:11170.0¢ - 11185.0¢
How the Market Works:Now you can spread bet on the Chevron Rolling Cash market going:

  Spread Betting Higher than 11185.0¢, or
  Spread Betting Lower than 11170.0¢

This is a 'Rolling' spread betting market and so there is no settlement date. If you haven't closed your position and the session ends then your position will roll over to the next session.

If a trade does roll over then you will normally either have to pay or receive a small fee for overnight financing depending on whether you are betting on the market to move lower or higher. For additional information see Rolling Spread Bets.
Traded Units:Spread bets on the Chevron market are priced in £x per cent price movement.

E.g. if Chevron changes by 40.0¢ then you would lose or win 40 multiples of your stake.
Stake per Unit:You work out how much you want to risk per cent, e.g. £1 per cent, £8 per cent, £20 per cent etc.
Brief Example:For example, if you went with a stake of £2 per cent and Chevron moves by 20.0¢, you would lose / win £2 per cent x 20.0¢ = £40.


Spread Trading Example - Buying Chevron

Financial spread betting on the US share to rise in value

You Now Choose to Buy or Sell: Chevron to push:

  Spread Betting Higher than 11185.0¢? or
  Spread Betting Lower than 11170.0¢?

You Might Want to Buy:   Spread Betting Higher than 11185.0¢
You Decide Your Stake Size, Let's Say You Select: £1 per cent
So What Happens Now?
  • You will make £1 for every cent Chevron moves above 11185.0¢
  • You will lose £1 for each cent Chevron decreases lower than 11185.0¢
If You Buy a Market Your Trading P&L = (Settlement Price - Initial Price) x stake
 
Trading Scenario 1
Chevron increases and the spread betting market is revised and changes to 11313.6¢ - 11328.6¢, i.e. you would see:   11313.6   11328.6
Close for a Profit? You could choose to let your spread bet run or close it and take a profit. In this example you opt to close your bet by selling the market at 11313.6¢.
Your Trading P&L = (Settlement Price - Initial Price) x stake
(11313.6¢ - 11185.0¢) x £1 per cent
128.6¢ x £1 per cent
Your Trading P&L = £128.60 profit
 
Trading Scenario 2
Chevron decreases and the financial spread betting market is revised and is set at 11042.4¢ - 11057.4¢. Therefore you'd see this on Financial Spreads:   11042.4   11057.4
Restrict Your Loss? At this point, you could choose to let your position run or close it, i.e. close your position to limit your losses. In this instance you opt to close your position by selling at 11042.4¢.
Your Trading P&L = (Settlement Price - Initial Price) x stake
(11042.4¢ - 11185.0¢) x £1 per cent
-142.6¢ x £1 per cent
Your Trading P&L = -£142.60 loss


Spread Betting Example - Taking a Short Position on Chevron

Online spread betting on the US share to go down in value

You Now Decide to Go Long or Short: Chevron to move:

  Spread Betting Higher than 11185.0¢? or
  Spread Betting Lower than 11170.0¢?

Let's Say You Decide to Go Short:   Spread Betting Lower than 11170.0¢
You Choose Your Stake, Let's Assume You Opt For: £2 per cent
What Next?
  • You will lose £2 for each cent Chevron increases higher than 11170.0¢
  • You will make £2 for each cent Chevron goes below 11170.0¢
When Speculating on a Market to Decrease Your Trading P&L = (Initial Price - Settlement Price) x stake
 
Trading Scenario 3
Chevron falls and the spread trading market is moved to 11099.8¢ - 11114.8¢, so you'd see:   11099.8   11114.8
Close and Take Your Profit? You could choose to leave your bet open or close it and lock in your profit. In this instance you opt to settle your bet and buy at 11114.8¢.
Your Trading P&L = (Initial Price - Settlement Price) x stake
(11170.0¢ - 11114.8¢) x £2 per cent
55.2¢ x £2 per cent
Your Trading P&L = £110.40 profit
 
Trading Scenario 4
Chevron rises and the market moves to 11216.2¢ - 11231.2¢, therefore Financial Spreads would show:   11216.2   11231.2
Close and Limit Your Loss?At this point, you may choose to keep your bet open or close it, i.e. close your trade and restrict your losses. In this instance you opt to settle your position and buy the market at 11231.2¢.
Your Trading P&L = (Initial Price - Settlement Price) x stake
(11170.0¢ - 11231.2¢) x £2 per cent
-61.2¢ x £2 per cent
Your Trading P&L = -£122.40 loss

Where Can I Practice Financial Spread Betting on Chevron?

FinancialSpreads.com provides a Demo Account where you can try out trading strategies, test trading orders, review the live charts and practice trading on markets including Chevron.

The Demo Account has a wide selection of markets such as index markets, exchange rates, commodity markets and stocks.


More on Chevron Corporation (CVX)



The ticker code for Chevron is 'CVX', for more news and data on the American firm, also see: Financial Spreads is not responsible for the content of external / third party websites.


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