Spread Betting on Sainsbury Shares (SBRY)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Sainsbury?

A Financial Spreads account provides a wide variety of equities spread betting and contracts for difference markets such as Sainsbury, Burberry, Pfizer and Orange, together with a selection of other UK, US and international stocks.

Where Can I Access Live Prices for the Sainsbury Market?

With Financial Spreads you can take a view on over 1,000 live CFD trading and spread betting prices such as Sainsbury and a wide variety of other stocks, forex, commodities and stock markets.

Where Can I Get Live Sainsbury Charts?

With a FinancialSpreads account investors can look at real-time candlestick charts for Sainsbury and over a thousand other spread betting and CFD markets.

The charting package comes with a wide array of advanced features. These include:
Sample equities spread betting chart:

Shares Spread Betting Charts



A Guide to Spread Trading on Sainsbury

As an example, let's say that you sign into FinancialSpreads and the platform is showing a quote of:

  Sainsbury Rolling Cash Sell

266.7
Buy

267.2


Here is a guide to how it works...

Spread Betting Market:Sainsbury Rolling Cash
The Price:266.7p - 267.2p
How the Trade Works:Now you can spread bet on the Sainsbury Rolling Cash market going:

  Spread Betting Higher than 267.2p, or
  Spread Betting Lower than 266.7p

This spread betting market is a Rolling market which means that there is no closing date. If you haven't closed your position and the trading session ends then your position 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 upon whether you are speculating on the market to move lower or higher. For additional information also see Rolling Spread Bets.
Units Traded:Spread betting trades on the Sainsbury market are made in £x per penny price movement.

E.g. if Sainsbury changes by 40p then you would lose or win 40 multiples of your stake.
Stake per Unit:You choose how much you want to risk per penny, e.g. £1 per penny, £8 per penny, £10 per penny etc.
Simplified Example:As an example, if your stake is £4 per penny and Sainsbury moves 28p, you would win or lose £4 per penny x 28p = £112.


Worked Spread Trading Example - Going Long of Sainsbury

Spread trading on the share to increase in value

You Choose to Go Long or Short: Sainsbury to go:

  Spread Betting Higher than 267.2p? or
  Spread Betting Lower than 266.7p?

Let's Say You Buy:   Spread Betting Higher than 267.2p
You Decide Your Stake Size, Let's Say You Opt For: £10 per penny
What Now?
  • You win £10 for each penny Sainsbury increases higher than 267.2p
  • You will lose £10 for every penny Sainsbury pushes below 267.2p
When Spread Betting on a Market to Rise Your Trading P&L = (Settlement Price - Opening Price) x stake
 
Scenario 1
Sainsbury increases and the financial spread betting market adjusts and moves to 276.4p - 276.9p, i.e. Financial Spreads would show:   276.4   276.9
Time to Take Your Profit? You could choose to leave your spread bet open or close it, i.e. close your trade for a profit. In this case you opt to close your position and sell at 276.4p.
Your Trading P&L = (Settlement Price - Opening Price) x stake
(276.4p - 267.2p) x £10 per penny
9.2p x £10 per penny
Your Trading P&L = £92.10 profit
 
Scenario 2
Sainsbury falls and the spread trading market becomes 259.3p - 259.8p, i.e. on Financial Spreads you would see:   259.3   259.8
Time to Restrict the Loss? At this point, you can decide to leave your trade open or close it, i.e. close your spread bet to limit your loss. In this example you opt to close your position and sell the market at 259.3p.
Your Trading P&L = (Settlement Price - Opening Price) x stake
(259.3p - 267.2p) x £10 per penny
-7.9p x £10 per penny
Your Trading P&L = -£78.90 loss


Worked Spread Betting Example - Selling Sainsbury

Spread betting on the share to go lower

You Consider Whether to Go Long or Short: Sainsbury to move:

  Spread Betting Higher than 267.2p? or
  Spread Betting Lower than 266.7p?

Let's Assume You Want to Go Short:   Spread Betting Lower than 266.7p
You Decide Your Stake, Let's Say You Choose: £5 per penny
What Happens Now?
  • You will lose £5 for every penny Sainsbury rises higher than 266.7p
  • You win £5 for every penny Sainsbury falls lower than 266.7p
When You Sell a Market Your Trading P&L = (Opening Price - Settlement Price) x stake
 
Scenario 3
Sainsbury slips and the market is revised and changes to 249.6p - 250.1p, i.e. you'd see:   249.6   250.1
Take a Profit? At this point, you could opt to leave your position open or close it and take your profit. For this example, you decide to close your bet and buy at 250.1p.
Your Trading P&L = (Opening Price - Settlement Price) x stake
(266.7p - 250.1p) x £5 per penny
16.6p x £5 per penny
Your Trading P&L = £83.05 profit
 
Scenario 4
Sainsbury moves higher and the spread betting market changes to 280.4p - 280.9p:   280.4   280.9
Time to Restrict Your Loss?At this point, you may decide to let your bet run or close it, i.e. close your trade to limit your loss. For this example, you choose to close your bet by buying the market at 280.9p.
Your Trading P&L = (Opening Price - Settlement Price) x stake
(266.7p - 280.9p) x £5 per penny
-14.2p x £5 per penny
Your Trading P&L = -£70.95 loss

Where Can I Practice Financial Spread Betting on Sainsbury?

FinancialSpreads.com provides a free Demo Account where you are able to check charts, practice trading, try out new ideas and practice with trading orders on CFD and spread betting markets like Sainsbury.

The Demo Account isn't restricted to a small selection of markets; you can get trading experience on a wide array of commodities, forex, index markets and stocks and shares.


More on J Sainsbury plc (SBRY)



A common ticker code for Sainsbury is 'SBRY' however 'SBRY.L' and 'LON:SBRY' 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.