Spread Betting on ITV Shares (ITV.L)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on ITV?

A FinancialSpreads account provides a wide variety of shares spread trading and contracts for difference markets such as ITV, Vodafone, Wal-Mart and Airbus, together with a host of other UK, American and international equities.

Where Can I Access Live Prices for the ITV Market?

FinancialSpreads provides live pricing on more than a thousand spread trading and CFD markets like ITV and a wide array of other equities, stock markets, commodities and currency markets.

Where Can I Get Live ITV Charts?

With a Financial Spreads account clients are able to access real-time trading charts for ITV and numerous other CFD and spread betting markets.

Along with several chart types, the charting package comes with a large range of advanced options:
Example share trading chart:

Shares Spread Betting Charts



How to Spread Bet on ITV

As an example, let's suppose you go on the Financial Spreads website and the trading platform is showing a price of:

  ITV Rolling Cash Sell

230.54
Buy

230.96


Here's an example of how the market works

Spread Betting Market:ITV Rolling Cash
The Spread Trading Price:230.54p - 230.96p
How the Spread Works:Now you can bet on the ITV Rolling Cash market to move:

  Spread Betting Above 230.96p, or
  Spread Betting Below 230.54p

This is a 'Rolling' spread betting market meaning that it does not have a final closing date. If you haven't closed your trade and the trading session ends then your trade will automatically roll over to the next session.

If a trade rolls over then you will either receive or be charged a small fee for overnight financing based on whether you are betting on the market to increase or decrease. For additional details also see Rolling Spread Bets.
Units Traded:Spread betting trades on the ITV market are priced in £x per penny price movement.

E.g. if ITV changes by 45p then you would gain or lose 45 times your stake.
Stake Size:You choose how much you want to stake per penny, e.g. £1 per penny, £4 per penny, £15 per penny etc.
Staking Example:As an example, if you chose a stake of £3 per penny and ITV moves 26p, you would lose/win £3 per penny x 26p = £78.


Worked Example - Taking a Long Position on ITV

Online spread betting on the share to go higher

You Now Select Whether to Go Long or Short: ITV moving:

  Spread Betting Above 230.96p? or
  Spread Betting Below 230.54p?

You Might Choose to Buy:   Spread Betting Above 230.96p
You Select Your Stake, Selecting: £10 per penny
Now What?
  • You gain £10 for each penny ITV rises higher than 230.96p
  • You lose £10 for every penny ITV goes below 230.96p
When Betting on a Market to Rise Your P&L = (Settlement Price - Opening Price) x stake
 
Situation 1
ITV pushes higher and the spread trading market is revised to 245.97p - 246.39p, therefore Financial Spreads would show:   245.97   246.39
Close for a Profit? You can opt to keep your position open or close it, i.e. close your spread bet to lock in a profit. In this instance you decide to settle your trade and sell the market at 245.97p.
Your P&L = (Settlement Price - Opening Price) x stake
(245.97p - 230.96p) x £10 per penny
15.01p x £10 per penny
Your P&L = £150.10 profit
 
Situation 2
ITV pushes lower and the market changes to 218.26p - 218.68p. Therefore you'd see:   218.26   218.68
Time to Restrict the Loss? At this point, you could decide to let your spread bet run or close it, i.e. close your spread bet and restrict your losses. In this example you opt to settle your trade by selling the market at 218.26p.
Your P&L = (Settlement Price - Opening Price) x stake
(218.26p - 230.96p) x £10 per penny
-12.70p x £10 per penny
Your P&L = -£127.00 loss


Worked Trading Example - Going Short of ITV

Financial spread trading on the share to go down in value

You Now Work Out Whether to Buy or Sell: ITV going:

  Spread Betting Above 230.96p? or
  Spread Betting Below 230.54p?

Let's Say You Choose to Go Short:   Spread Betting Below 230.54p
You Choose Your Stake, Let's Assume You Opt For: £5 per penny
So What Next?
  • You lose £5 for every penny ITV increases above 230.54p
  • You gain £5 for every penny ITV falls below 230.54p
When Spread Betting on a Market to Go Down Your P&L = (Opening Price - Settlement Price) x stake
 
Situation 3
ITV drops and the financial spread betting market adjusts and moves to 206.14p - 206.56p:   206.14   206.56
Time to Take Your Profit? At this point, you could opt to keep your spread bet open or close it, i.e. close your position to lock in your profit. In this instance you opt to close your bet by buying at 206.56p.
Your P&L = (Opening Price - Settlement Price) x stake
(230.54p - 206.56p) x £5 per penny
23.98p x £5 per penny
Your P&L = £119.90 profit
 
Situation 4
ITV climbs and the spread betting market is revised and set at 250.41p - 250.83p. Therefore you'd see this on Financial Spreads:   250.41   250.83
Limit the Loss?At this point, you may decide to keep your trade open or close it, i.e. close your trade to restrict your losses. In this instance you opt to close your trade and buy the market at 250.83p.
Your P&L = (Opening Price - Settlement Price) x stake
(230.54p - 250.83p) x £5 per penny
-20.29p x £5 per penny
Your P&L = -£101.45 loss

Where Can I Practice Financial Spread Betting on ITV?

FinancialSpreads.com offers you the chance to try out new trading theories by using a free Practice Account, markets include ITV.

The Demo Account offers more than a handful of markets; traders can gain trading experience on a wide range of stocks, index markets, commodities and forex rates.


More on ITV plc (ITV)



A common ticker code for ITV is 'ITV' however 'ITV.L' and 'LON:ITV' 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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+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.