Spread Betting on the Home Depot Share Price (HD)

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Financial Spreads: Spread Betting and CFD Trading

Losses can exceed deposits

Where Can I Spread Bet on Home Depot?

A Financial Spreads account provides a wide array of stocks and shares including Home Depot, Glencore, PepsiCo and Telefonica, along with a broad selection of other UK, US and global stocks.

Where Can I Access Live Prices for the Home Depot Market?

FinancialSpreads provides investors with real time prices on more than a thousand CFD and spread betting markets like Home Depot and a large variety of other stocks, foreign exchange, commodities and stock market indices.

Where Can I Get Live Home Depot Charts?

When using a Financial Spreads account clients can access a real-time charting package for Home Depot and over 1,000 other CFD and spread trading markets.

Along with different display styles, the charting package has a large range of options:
Sample share spread betting chart:

Shares Spread Betting Charts



Financial Spread Betting on Home Depot

As an example, let's imagine that you go on the FinancialSpreads site and the spread betting platform is showing a quote of:

  Home Depot Rolling Cash Sell

11077.0
Buy

11085.0


This is a brief guide to how the market works.

Spread Betting MarketHome Depot Rolling Cash
The Spread Betting Price11077.0¢ - 11085.0¢
This MeansYou can trade on the Home Depot Rolling Cash market to go:

  Spread Betting Above 11085.0¢, or
  Spread Betting Below 11077.0¢

This is a 'Rolling' spread bet and so there is no final closing date for this trade. If you decide not to close your position and the trading session ends then your position will automatically roll over to the next trading session.

Note: if a trade rolls over then you will either receive or pay a small fee for overnight financing based upon whether you are betting on the market to go up or down. For additional details see Rolling Spread Betting.
Units TradedFinancial spread bets on the Home Depot market are priced in £x per cent price movement.

E.g. if Home Depot moves by 40.0¢ then you would win / lose 40 times your stake.
StakeYou work out how much you want to risk per cent, e.g. £2 per cent, £5 per cent, £15 per cent etc.
Brief ExampleAs an example, if you had a stake of £2 per cent and Home Depot changes by 34.0¢, you would lose/win £2 per cent x 34.0¢ = £68.


Spread Betting Example - Taking a Bullish View of Home Depot

Online spread betting on the US share to move up in value

You Choose Whether to Buy or Sell Home Depot to push:

  Spread Betting Above 11085.0¢? or
  Spread Betting Below 11077.0¢?

Let's Say You Decide to Buy   Spread Betting Above 11085.0¢
You Choose Your Stake, Let's Say You Select £2 per cent
What Happens Now?
  • You will make a profit of £2 for every cent Home Depot pushes above 11085.0¢
  • You will make a loss of £2 for each cent Home Depot falls lower than 11085.0¢
If You Are Speculating on a Market to Increase Your P&L = (Final Price - Opening Price) x stake
 
Example 1
Home Depot pushes higher and the spread betting market moves to 11162.6¢ - 11170.6¢, i.e.   11162.6   11170.6
Time to Take Your Profit? You could opt to keep your spread bet open or close it to lock in your profit. In this case you choose to close your bet by selling at 11162.6¢.
Your P&L = (Final Price - Opening Price) x stake
(11162.6¢ - 11085.0¢) x £2 per cent
77.6¢ x £2 per cent
Your P&L = £155.20 profit
 
Example 2
Home Depot slips and the market adjusts and moves to 11000.8¢ - 11008.8¢. I.e.   11000.8   11008.8
Restrict Your Loss? You can choose to leave your spread bet open or close it, i.e. close your spread bet and restrict your losses. In this case you choose to settle your position and sell at 11000.8¢.
Your P&L = (Final Price - Opening Price) x stake
(11000.8¢ - 11085.0¢) x £2 per cent
-84.2¢ x £2 per cent
Your P&L = -£168.40 loss


Worked Trading Example - Taking a Bearish View of Home Depot

Spread betting on the US share to move down in value

You Now Select Whether to Buy or Sell Home Depot to move:

  Spread Betting Above 11085.0¢? or
  Spread Betting Below 11077.0¢?

Let's Assume You Sell   Spread Betting Below 11077.0¢
You Decide How Much to Risk, Let's Assume You Choose £3 per cent
So What Happens Next?
  • You will make a loss of £3 for each cent Home Depot moves above 11077.0¢
  • You will make a profit of £3 for each cent Home Depot decreases lower than 11077.0¢
When Speculating on a Market to Decrease Your P&L = (Opening Price - Final Price) x stake
 
Example 3
Home Depot drops and the spread trading market becomes 11026.4¢ - 11034.4¢, i.e. on Financial Spreads you'd see:   11026.4   11034.4
Lock in Your Profit? At this point, you could choose to leave your position open or close it for a profit. In this example you choose to settle your trade by buying the market at 11034.4¢.
Your P&L = (Opening Price - Final Price) x stake
(11077.0¢ - 11034.4¢) x £3 per cent
42.6¢ x £3 per cent
Your P&L = £127.80 profit
 
Example 4
Home Depot increases and the financial spread betting market is revised to 11115.3¢ - 11123.3¢, i.e. the market moves to:   11115.3   11123.3
Time to Limit Your Loss?You may decide to leave your bet open or close it, i.e. close your position and limit your loss. In this case you decide to settle your trade by buying at 11123.3¢.
Your P&L = (Opening Price - Final Price) x stake
(11077.0¢ - 11123.3¢) x £3 per cent
-46.3¢ x £3 per cent
Your P&L = -£138.90 loss

Where Can I Practice Financial Spread Betting on Home Depot?

FinancialSpreads.com offers a free Practice Account where investors can practice spread betting and CFD trading, try out new trading ideas, review the live charts and practice with trading orders etc. on CFD and spread betting markets like Home Depot.

The Practice Account is not restricted to the above; traders can gain experience across a wide selection of equities, index markets, commodities and forex pairs.

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