Spread Betting on the E.On Share Price

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Financial Spreads: Spread Betting and CFD Trading

Losses can exceed deposits

Where Can I Spread Bet on E.On?

FinancialSpreads.com offers investors an array of stocks such as E.On, BHP Billiton, AT&T and Airbus, plus many other UK, American and global shares.

Where Can I Access Live Prices for the E.On Market?

A Financial Spreads account offers live pricing on 1,000+ CFD and financial spread betting markets like E.On and a large range of other stocks, forex, stock indices and commodities prices.

Where Can I Get Live E.On Charts?

With a FinancialSpreads account investors are able to access up-to-the-minute trading charts for E.On and numerous other markets.

Along with several chart types, the package comes with an array of advanced functions. These include:
Example share chart:

Shares Spread Betting Charts



A Guide to Financial Spread Betting on E.On

Let's imagine you log on to FinancialSpreads and see the live price is:

  E.On Rolling Cash Sell

1334.7
Buy

1338.3


This is an example of how it works...

Spread Trading MarketE.On Rolling Cash
The Spread Betting Quote1334.7c - 1338.3c
How the Market WorksNow you can bet on the E.On Rolling Cash market to move:

  Spread Betting Higher than 1338.3c, or
  Spread Betting Lower than 1334.7c

This is a Rolling trade meaning that it does not have a final closing date. If you don't close your trade and the trading session ends then your position will roll over into the next session.

Note that if a trade does roll over then you will normally either receive or pay a small fee for overnight financing depending on whether you are betting on the market to go up or down. For additional details see Rolling Spread Betting.
Units TradedSpread trades on the E.On market are priced in £x per cent price movement.

E.g. if E.On moves by 40.0c then you would win / lose 40 multiples of your stake.
Stake SizeYou work out how much you want to risk per cent, e.g. £1 per cent, £5 per cent, £10 per cent etc.
Brief ExampleAs an example, if your stake is £5 per cent and E.On changes by 31.0c, you would lose / win £5 per cent x 31.0c = £155.


Worked Spread Betting Example - Going Long of E.On

Financial spread trading on the share to move up in value

You Decide Whether to Buy or Sell E.On going:

  Spread Betting Higher than 1338.3c? or
  Spread Betting Lower than 1334.7c?

You Might Choose to Go Long   Spread Betting Higher than 1338.3c
You Decide How Much to Risk, Let's Assume You Select £4 per cent
So What Now?
  • You gain £4 for each cent E.On moves above 1338.3c
  • Your spread bet loses £4 for every cent E.On decreases below 1338.3c
When Spread Betting on a Market to Increase Your P/L = (Closing Price - Opening Price) x stake
 
Example 1
E.On climbs and the spread trading market is adjusted to 1365.1c - 1368.7c, therefore Financial Spreads would show:   1365.1   1368.7
Close and Take Your Profit? You could opt to leave your trade open or close it to take a profit. In this example you decide to settle your bet and sell the market at 1365.1c.
Your P/L = (Closing Price - Opening Price) x stake
(1365.1c - 1338.3c) x £4 per cent
26.8c x £4 per cent
Your P/L = £107.20 profit
 
Example 2
E.On pushes lower and the financial spread betting market is moved to 1314.9c - 1318.5c. Therefore you'd see:   1314.9   1318.5
Close and Limit Your Loss? You could opt to let your bet run or close it to limit your loss. For this example, you decide to close your position and sell at 1314.9c.
Your P/L = (Closing Price - Opening Price) x stake
(1314.9c - 1338.3c) x £4 per cent
-23.4c x £4 per cent
Your P/L = -£93.60 loss


Spread Betting Example - Taking a Short Position on E.On

Online spread betting on the share to move lower

You Now Decide Whether to Go Long or Short E.On moving:

  Spread Betting Higher than 1338.3c? or
  Spread Betting Lower than 1334.7c?

Let's Assume You Decide to Go Short   Spread Betting Lower than 1334.7c
You Decide Your Stake, Let's Assume You Choose £3 per cent
So Now What?
  • Your spread bet loses £3 for every cent E.On moves higher than 1334.7c
  • You gain £3 for every cent E.On decreases lower than 1334.7c
If You Are Spread Betting on a Market to Fall Your P/L = (Opening Price - Closing Price) x stake
 
Example 3
E.On goes lower and the market changes to 1287.1c - 1290.7c. Therefore you'd see this on Financial Spreads:   1287.1   1290.7
Close for a Profit? You could opt to let your position run or close it, i.e. close your spread bet for a profit. In this instance you decide to close your position and buy the market at 1290.7c.
Your P/L = (Opening Price - Closing Price) x stake
(1334.7c - 1290.7c) x £3 per cent
44.0c x £3 per cent
Your P/L = £132.00 profit
 
Example 4
E.On goes higher and the spread betting market adjusts and moves to 1369.6c - 1373.2c, so you'd see this on Financial Spreads:   1369.6   1373.2
Time to Restrict Your Loss?You may opt to leave your spread bet open or close it, i.e. close your trade to restrict your losses. In this instance you choose to settle your position by buying the market at 1373.2c.
Your P/L = (Opening Price - Closing Price) x stake
(1334.7c - 1373.2c) x £3 per cent
-38.5c x £3 per cent
Your P/L = -£115.50 loss

Where Can I Practice Financial Spread Betting on E.On?

Financial Spreads gives investors the option of testing new trading ideas and theories by using a free Practice Account, demo markets include E.On.

The Demo Account offers access to a variety of markets such as stocks and shares, index markets, commodities and forex.



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