Spread Betting on Croda Shares (CRDA)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Croda?

A FinancialSpreads account offers a variety of stocks and shares such as Croda, Royal Dutch Shell, Chevron and Siemens, together with a host of other UK, US and international stocks.

Where Can I Access Live Prices for the Croda Market?

When using a Financial Spreads account clients can take a view on numerous real time prices including markets like Croda and a range of other stocks, commodities, FX and stock markets.

Where Can I Get Live Croda Charts?

When using a FinancialSpreads account investors are able to access a real-time charting package for Croda and over a thousand other CFD and spread trading markets.

To aid your analysis, the charts have a variety of options that include:
Sample share trading chart:

Shares Spread Betting Charts



A Guide to Financial Spread Betting on Croda

As an example, let's suppose you log on to FinancialSpreads and see the live price is:

  Croda Rolling Cash Sell

2740.1
Buy

2745.9


Here's a brief guide to how it works:

Spread Betting Market:Croda Rolling Cash
The Spread Trading Price:2740.1p - 2745.9p
How the Market Works:You can spread bet on the Croda Rolling Cash market moving:

  Spread Betting Above 2745.9p, or
  Spread Betting Below 2740.1p

This is a Rolling spread betting market and so there is no final closing date for this spread bet. If you haven't closed your trade and the session ends then your position will roll over to the next trading day.

Note that if the trade is rolled over then you will either have to pay or receive interest for overnight financing depending upon whether you are speculating on the market to move lower or higher. For further details also see Rolling Spread Bets.
Units Traded:Spread betting trades on the Croda market are made in £x per penny price movement.

E.g. if Croda changes by 45p then you would lose or gain 45 times your stake.
Trade Size:You choose how much you are going to stake per penny, e.g. £3 per penny, £4 per penny, £20 per penny etc.
Quick Example:If, for example, your stake was £3 per penny and Croda moves by 28p, you would lose / win £3 per penny x 28p = £84.


Worked Example - Taking a Long Position on Croda

Spread trading on the equity to increase

You Now Select Whether to Go Long or Short: Croda to go:

  Spread Betting Above 2745.9p? or
  Spread Betting Below 2740.1p?

Let's Say You Choose to Buy:   Spread Betting Above 2745.9p
You Select Your Stake, Let's Assume You Select: £2 per penny
So Now What Happens?
  • You make a profit of £2 for each penny Croda goes higher than 2745.9p
  • Your trade loses £2 for every penny Croda pushes lower than 2745.9p
If You Are Spread Betting on a Market to Rise Your Profits/Losses = (Closing Price - Initial Price) x stake
 
Example 1
Croda rises and the spread trading market adjusts and moves to 2824.2p - 2830.0p. I.e. you would see:   2824.2   2830.0
Time to Lock in Your Profit? You can choose to let your spread bet run or close it to take your profit. In this example you decide to close your trade by selling the market at 2824.2p.
Your Profits/Losses = (Closing Price - Initial Price) x stake
(2824.2p - 2745.9p) x £2 per penny
78.3p x £2 per penny
Your Profits/Losses = £156.60 profit
 
Example 2
Croda goes lower and the market moves to 2677.3p - 2683.1p, i.e. on Financial Spreads you would see:   2677.3   2683.1
Restrict Your Loss? At this point, you can choose to let your position run or close it, i.e. close your trade and limit your losses. In this instance you opt to close your position by selling at 2677.3p.
Your Profits/Losses = (Closing Price - Initial Price) x stake
(2677.3p - 2745.9p) x £2 per penny
-68.6p x £2 per penny
Your Profits/Losses = -£137.20 loss


Worked Spread Trading Example - Selling Croda

Financial spread betting on the equity to move down

You Now Consider Whether to Buy or Sell: Croda going:

  Spread Betting Above 2745.9p? or
  Spread Betting Below 2740.1p?

Let's Assume You Decide to Go Short:   Spread Betting Below 2740.1p
You Choose How Much to Risk, Let's Say You Select: £3 per penny
What Happens Next?
  • Your trade loses £3 for every penny Croda rises above 2740.1p
  • You make a profit of £3 for every penny Croda moves below 2740.1p
When Going Short of a Market Your Profits/Losses = (Initial Price - Closing Price) x stake
 
Example 3
Croda pushes lower and the spread betting market is revised and is set at 2691.3p - 2697.1p, i.e. on Financial Spreads you'd see:   2691.3   2697.1
Close and Take a Profit? You could decide to leave your bet open or close it, i.e. close your position to lock in a profit. For this example, you opt to settle your trade by buying at 2697.1p.
Your Profits/Losses = (Initial Price - Closing Price) x stake
(2740.1p - 2697.1p) x £3 per penny
43.0p x £3 per penny
Your Profits/Losses = £129.00 profit
 
Example 4
Croda pushes higher and the financial spread betting market changes to 2772.0p - 2777.8p, therefore you would see:   2772.0   2777.8
Close and Limit Your Loss?You may decide to leave your spread bet open or close it to restrict your losses. In this example you choose to settle your bet by buying the market at 2777.8p.
Your Profits/Losses = (Initial Price - Closing Price) x stake
(2740.1p - 2777.8p) x £3 per penny
-37.7p x £3 per penny
Your Profits/Losses = -£113.10 loss

Where Can I Practice Financial Spread Betting on Croda?

FinancialSpreads provide a Demo Account which allows you to practice trading, test new trading ideas, view charts and use trading orders on markets including Croda.

The Financial Spreads Demo Account isn't restricted to the market above; you can also practice trading using a wide selection of commodities, foreign exchange rates, stock market indices and stocks and shares.

Open a Free Demo Account


More on Croda International plc (CRDA)



A common ticker code for Croda is 'CRDA' however 'CRDA.L' and 'LON:CRDA' are also used.

For more news and information on the UK firm, also see: Financial Spreads is not responsible for the content of external / third party websites.


Contact Customer Support

+44 (0) 203 301 0483
support@financialspreads.com

Also see:
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Spread betting & CFDs trading are complex instruments & come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading these products with this provider. You should consider whether you understand how these products work & whether you can afford to take the high risk of losing your money. Click here to see the risk warning notice.