Spread Betting on Diageo Shares (DGE)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Diageo?

FinancialSpreads offers a wide variety of stocks and shares such as Diageo, Imperial Tobacco, IBM and Societe Generale, plus a broad selection of other UK, US and international equities.

Where Can I Access Live Prices for the Diageo Market?

Using a Financial Spreads account you can take a position on numerous real time CFD trading and spread betting prices including Diageo and a wide variety of other shares, forex, commodities and stock markets.

Where Can I Get Live Diageo Charts?

Using a Financial Spreads account investors can use real time trading charts for Diageo and more than a thousand other spread trading and CFD markets.

Along with several chart types, the package comes with a large variety of advanced features like:
Sample equity spread trading chart:

Shares Spread Betting Charts



How to Spread Bet on Diageo

Let's suppose that you log on to FinancialSpreads and are presented with:

  Diageo Rolling Cash Sell

1834.7
Buy

1837.8


Here is a brief guide to how the market works...

Market:Diageo Rolling Cash
The Spread:1834.7p - 1837.8p
This Means:You can take a position on the Diageo Rolling Cash market to push:

  Spread Betting Higher than 1837.8p, or
  Spread Betting Lower than 1834.7p

This is a 'Rolling' market meaning that it does not have an expiry date. If you haven't closed your position and the session ends then your trade will roll over into the next session.

Note that if a trade is rolled over then you will normally either receive or be charged interest for overnight financing based on whether you are speculating on the market to go down or up. For further details also see Rolling Spread Betting.
Units (Points) Traded:Spread betting trades on the Diageo market are priced in £x per penny price movement.

E.g. if Diageo moves by 50p then you would win/lose 50 times your stake.
Stake Size:You work out how much you want to trade per penny, e.g. £2 per penny, £8 per penny, £10 per penny etc.
Simplified Example:As an example, if you went with a stake of £3 per penny and Diageo changes by 26p, you would lose or gain £3 per penny x 26p = £78.


Spread Trading Example - Taking a Long Position on Diageo

Spread trading on the UK equity to move higher

You Now Choose Whether to Go Long or Short: Diageo going:

  Spread Betting Higher than 1837.8p? or
  Spread Betting Lower than 1834.7p?

Let's Say You Choose to Buy:   Spread Betting Higher than 1837.8p
You Choose Your Stake Size, Let's Assume You Opt For: £3 per penny
So What Now?
  • You gain £3 for each penny Diageo increases above 1837.8p
  • Your spread bet loses £3 for every penny Diageo falls below 1837.8p
If You Are Betting on a Market to Increase Your Trading P&L = (Settlement Price - Initial Price) x stake
 
Situation 1
Diageo increases and the financial spread betting market changes to 1874.6p - 1877.7p, therefore Financial Spreads would show:   1874.6   1877.7
Time to Lock in Your Profit? At this point, you may opt to keep your position open or close it in order to take your profit. For this example, you opt to settle your position and sell the market at 1874.6p.
Your Trading P&L = (Settlement Price - Initial Price) x stake
(1874.6p - 1837.8p) x £3 per penny
36.8p x £3 per penny
Your Trading P&L = £110.40 profit
 
Situation 2
Diageo goes lower and the spread betting market adjusts and moves to 1794.6p - 1797.7p:   1794.6   1797.7
Time to Limit Your Loss? At this point, you could opt to keep your bet open or close it and limit your loss. In this instance you decide to close your position by selling the market at 1794.6p.
Your Trading P&L = (Settlement Price - Initial Price) x stake
(1794.6p - 1837.8p) x £3 per penny
-43.2p x £3 per penny
Your Trading P&L = -£129.60 loss


Spread Betting Example - Selling Diageo

Spread betting on the UK equity to fall in value

You Choose Whether to Go Long or Short: Diageo to go:

  Spread Betting Higher than 1837.8p? or
  Spread Betting Lower than 1834.7p?

You Might Decide to Sell:   Spread Betting Lower than 1834.7p
You Choose Your Stake, Let's Assume You Select: £4 per penny
So What Happens Next?
  • Your spread bet loses £4 for every penny Diageo pushes higher than 1834.7p
  • You gain £4 for every penny Diageo moves lower than 1834.7p
When Spread Betting on a Market to Decrease Your Trading P&L = (Initial Price - Settlement Price) x stake
 
Situation 3
Diageo falls and the spread trading market is revised and changes to 1800.4p - 1803.5p. I.e. you would see:   1800.4   1803.5
Close for a Profit? You may choose to keep your position open or close it and take a profit. For this example, you decide to close your position by buying the market at 1803.5p.
Your Trading P&L = (Initial Price - Settlement Price) x stake
(1834.7p - 1803.5p) x £4 per penny
31.2p x £4 per penny
Your Trading P&L = £124.80 profit
 
Situation 4
Diageo pushes higher and the market is revised to 1868.2p - 1871.3p. Therefore you would see this on Financial Spreads:   1868.2   1871.3
Close and Restrict the Loss?You may decide to let your position run or close it to limit your loss. In this case you opt to settle your trade and buy the market at 1871.3p.
Your Trading P&L = (Initial Price - Settlement Price) x stake
(1834.7p - 1871.3p) x £4 per penny
-36.6p x £4 per penny
Your Trading P&L = -£146.40 loss

Where Can I Practice Financial Spread Betting on Diageo?

FinancialSpreads.com gives investors the option of trying new ideas by using a free Practice Account, practise markets include Diageo.

The Financial Spreads Demo Account has a wide variety of markets such as stocks, index markets, commodities and FX pairs.

Open a Free CFD Trading and Spread Betting Demo Account


More on Diageo plc (DGE)



A common ticker code for Diageo is 'DGE' however 'DGE.L' and 'LON:DGE' 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.


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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.