Spread Betting on the Nike Share Price (NKE)

Support: +44 (0) 203 301 0483 | support@financialspreads.com
Financial Spreads: Spread Betting and CFD Trading

Losses can exceed deposits

Where Can I Spread Bet on Nike?

Financial Spreads provides investors with an array of equities like Nike, BT Group, Oracle and Total, plus many other UK, American and international equities.

Where Can I Access Live Prices for the Nike Market?

Using a Financial Spreads account clients are able to take a view on over 1,000 real-time prices including markets like Nike and a wide range of other equities, commodities, stock market indices and foreign exchange markets.

Where Can I Get Live Nike Charts?

With FinancialSpreads clients can access up-to-the-minute charts for Nike and over a thousand other markets.

As well as different display styles, the charting package also has a large range of features. These include:
Sample equity spread trading chart:

Shares Spread Betting Charts



A Guide to Spread Betting on Nike

Let's imagine you sign into FinancialSpreads and see a quote of:

  Nike Rolling Cash Sell

9194.0
Buy

9200.0


Here's a brief example of how the market works.

The Spread Betting MarketNike Rolling Cash
The Spread Trading Price9194.0¢ - 9200.0¢
How the Spread WorksNow you can speculate on the Nike Rolling Cash market to move:

  Spread Betting Higher than 9200.0¢, or
  Spread Betting Lower than 9194.0¢

This spread betting market is a 'Rolling' market meaning that it does not have an expiry date. If you decide not to close your position and the session ends then your trade will roll over into the next trading day.

Note that if the trade is rolled over then you will normally either be charged or receive a small fee for overnight financing depending on the direction of your spread bet. To learn more see Rolling Spread Betting.
Units TradedSpread betting trades on the Nike market are made in £x per cent price movement.

E.g. if Nike changes by 35.0¢ then you would lose or gain 35 times your stake.
Stake SizeYou work out how much you would like to risk per cent, e.g. £2 per cent, £4 per cent, £10 per cent etc.
Quick Staking ExampleIf, as an example, your stake was £2 per cent and Nike moves 26.0¢, you would win / lose £2 per cent x 26.0¢ = £52.


Worked Trading Example - Buying Nike

Spread betting on the US equity to rise

You Decide Whether to Buy or Sell Nike to go:

  Spread Betting Higher than 9200.0¢? or
  Spread Betting Lower than 9194.0¢?

You Might Decide to Go Long   Spread Betting Higher than 9200.0¢
You Choose How Much to Risk, Let's Say You Select £2 per cent
What Happens Next?
  • You gain £2 for each cent Nike pushes above 9200.0¢
  • You will make a loss of £2 for every cent Nike moves below 9200.0¢
If You Are Spread Betting on a Market to Rise Your P/L = (Settlement Price - Initial Price) x stake
 
Situation 1
Nike goes higher and the spread betting market is moved to 9305.8¢ - 9311.8¢, i.e. on Financial Spreads you'd see:   9305.8   9311.8
Time to Lock in Your Profit? At this point, you may decide to let your trade run or close it, i.e. close your spread bet to lock in a profit. In this example you opt to settle your position and sell at 9305.8¢.
Your P/L = (Settlement Price - Initial Price) x stake
(9305.8¢ - 9200.0¢) x £2 per cent
105.8¢ x £2 per cent
Your P/L = £211.60 profit
 
Situation 2
Nike moves lower and the spread trading market is revised and is set at 9103.4¢ - 9109.4¢. I.e.   9103.4   9109.4
Close and Restrict Your Loss? At this point, you may opt to keep your trade open or close it, i.e. close your trade and restrict your losses. In this case you choose to close your position by selling at 9103.4¢.
Your P/L = (Settlement Price - Initial Price) x stake
(9103.4¢ - 9200.0¢) x £2 per cent
-96.6¢ x £2 per cent
Your P/L = -£193.20 loss


Trading Example - Selling Nike

Financial spread betting on the US equity to move lower

You Select Whether to Buy or Sell Nike moving:

  Spread Betting Higher than 9200.0¢? or
  Spread Betting Lower than 9194.0¢?

You Might Want to Sell   Spread Betting Lower than 9194.0¢
You Select How Much to Risk, Let's Assume You Choose £3 per cent
So Now What Happens?
  • You will make a loss of £3 for every cent Nike moves above 9194.0¢
  • You gain £3 for every cent Nike moves lower than 9194.0¢
When You Go Short With a Spread Bet Your P/L = (Initial Price - Settlement Price) x stake
 
Situation 3
Nike decreases and the financial spread betting market is revised to 9129.8¢ - 9135.8¢, so you'd see:   9129.8   9135.8
Time to Lock in a Profit? At this point, you can choose to let your bet run or close it for a profit. In this case you opt to close your trade and buy at 9135.8¢.
Your P/L = (Initial Price - Settlement Price) x stake
(9194.0¢ - 9135.8¢) x £3 per cent
58.2¢ x £3 per cent
Your P/L = £174.60 profit
 
Situation 4
Nike increases and the market becomes 9241.1¢ - 9247.1¢. Therefore you'd see this on Financial Spreads:   9241.1   9247.1
Limit Your Loss?You can decide to keep your bet open or close it, i.e. close your spread bet and restrict your loss. In this case you decide to close your trade and buy the market at 9247.1¢.
Your P/L = (Initial Price - Settlement Price) x stake
(9194.0¢ - 9247.1¢) x £3 per cent
-53.1¢ x £3 per cent
Your P/L = -£159.30 loss

Where Can I Practice Financial Spread Betting on Nike?

Financial Spreads gives you the ability to test new trading theories by using a free Practice Account on markets like Nike.

The Financial Spreads Demo Account offers access to a large variety of markets including forex rates, equities, commodities and indices.

Open a Free Spread Betting / CFDs Demo Account


More on Nike Inc. (NKE)



The ticker code for Nike is 'NKE', for more news and data on the American 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: