Where Can I Spread Bet on Smith & Nephew?
A FinancialSpreads account offers a wide array of equities spread betting and contracts for difference markets like Smith & Nephew,
Reckitt Benckiser, Johnson & Johnson and Societe Generale, plus a selection of other UK, US and global shares.
Where Can I Access Live Prices for the Smith & Nephew Market?
With a Financial Spreads account you can trade on over 1,000 real-time CFD trading and spread betting prices such as Smith & Nephew and a variety of other equities, currencies, commodities and
indices prices.
Where Can I Get Live Smith & Nephew Charts?
With a Financial Spreads account investors are able to access up-to-the-minute charts for Smith & Nephew and more than a thousand other financial spread betting and CFD markets.
Along with multiple chart types, the charting package comes with a wide variety of options:
- Technical indicators and overlays e.g. Exponential Moving Average, Price ROC, Welles Wilder Smoothing and so on
- A number of different time intervals e.g. 1 minute, 30 minutes, 1 day and so on
- Drawing features e.g. Fibonacci Retracements, Andrew's Pitchfork and Trendlines
Example equities trading chart:
How to Spread Bet on Smith & Nephew
For example, let's say you look at Financial Spreads and see a quote of:
| Smith & Nephew Rolling Cash |
Sell
1162.2 |
|
Buy
1164.8 |
|
This is a brief example of how the market works:
| Market | Smith & Nephew Rolling Cash |
| The Spread | 1162.2p - 1164.8p |
| This Means That | Now you can take a position on the Smith & Nephew Rolling Cash market moving:
 Higher than 1164.8p, or
 Lower than 1162.2p
This spread betting market is a 'Rolling' market and so there is no expiry date for this trade. If you decide not to close your position and the session ends then your trade will roll over into the next trading session.
Note that if a trade rolls over then you will either have to pay or receive a small fee for overnight financing depending on whether you are betting on the market to move lower or higher. For additional information also see Rolling Spread Bets. |
| Units Traded | Spread bets on the Smith & Nephew market are made in £x per penny price movement.
E.g. if Smith & Nephew moves 30p then you would win / lose 30 multiples of your stake. |
| Stake | You choose how much you would like to stake per penny, e.g. £3 per penny, £8 per penny, £15 per penny etc. |
| Simplified Trading Example | For example, if you went with a stake of £2 per penny and Smith & Nephew moves by 30p, you would lose or gain £2 per penny x 30p = £60. |
Spread Trading Example - Taking a Long Position on Smith & Nephew
Spread betting on the UK equity to rise in value
| You Now Work Out Whether to Buy or Sell |
Smith & Nephew to push:
Higher than 1164.8p? or
Lower than 1162.2p?
|
| Let's Say You Want to Go Long |
Higher than 1164.8p
|
| You Select Your Stake, Let's Assume You Opt For | £5 per penny |
| Now What? |
- You will make a profit of £5 for each penny Smith & Nephew moves above 1164.8p
- Your trade loses £5 for every penny Smith & Nephew moves below 1164.8p
|
| When You Buy a Market Your Profits/Losses = | (Settlement Price - Initial Price) x stake |
| | |
| Trading Example 1 |
| Smith & Nephew pushes higher and the market moves to 1199.7p - 1202.3p. I.e. you would see: |
|
1199.7 |
|
1202.3 |
|
| Close and Take a Profit? | At this point, you may opt to leave your spread bet open or close it to lock in a profit. In this instance you choose to settle your bet by selling at 1199.7p. |
| Your Profits/Losses = | (Settlement Price - Initial Price) x stake |
| (1199.7p - 1164.8p) x £5 per penny |
| 34.9p x £5 per penny |
| Your Profits/Losses = | £174.50 profit |
| | |
| Trading Example 2 |
| Smith & Nephew drops and the financial spread betting market is revised and changes to 1124.0p - 1126.6p, so you'd see: |
|
1124.0 |
|
1126.6 |
|
| Restrict Your Loss? | You can choose to keep your position open or close it, i.e. close your position to limit your losses. For this example, you decide to close your position and sell at 1124.0p. |
| Your Profits/Losses = | (Settlement Price - Initial Price) x stake |
| (1124.0p - 1164.8p) x £5 per penny |
| -40.8p x £5 per penny |
| Your Profits/Losses = | -£204.00 loss |
Spread Betting Example - Selling Smith & Nephew
Spread trading on the UK equity to go lower
| You Now Select Whether to Buy or Sell |
Smith & Nephew going:
Higher than 1164.8p? or
Lower than 1162.2p?
|
| Let's Assume You Decide to Sell |
Lower than 1162.2p |
| You Decide How Much to Risk, Choosing | £4 per penny |
| What Now? |
- Your trade loses £4 for every penny Smith & Nephew goes higher than 1162.2p
- You will make a profit of £4 for every penny Smith & Nephew goes lower than 1162.2p
|
| When Speculating on a Market to Fall Your Profits/Losses = | (Initial Price - Settlement Price) x stake |
| | |
| Trading Example 3 |
| Smith & Nephew goes lower and the spread trading market is revised and is set at 1112.5p - 1115.1p: |
|
1112.5 |
|
1115.1 |
|
| Time to Take Your Profit? | At this point, you can opt to leave your trade open or close it in order to lock in a profit. For this example, you opt to close your position by buying at 1115.1p. |
| Your Profits/Losses = | (Initial Price - Settlement Price) x stake |
| (1162.2p - 1115.1p) x £4 per penny |
| 47.1p x £4 per penny |
| Your Profits/Losses = | £188.40 profit |
| | |
| Trading Example 4 |
| Smith & Nephew rises and the spread betting market is moved to 1214.5p - 1217.1p, so you'd see this on Financial Spreads: |
|
1214.5 |
|
1217.1 |
|
| Time to Limit the Loss? | You can decide to let your position run or close it and restrict your loss. In this example you decide to close your position and buy the market at 1217.1p. |
| Your Profits/Losses = | (Initial Price - Settlement Price) x stake |
| (1162.2p - 1217.1p) x £4 per penny |
| -54.9p x £4 per penny |
| Your Profits/Losses = | -£219.60 loss |
- Smith & Nephew market information: trading prices taken 13 February 2015
- Investors could also spread bet on Smith & Nephew in euros per penny and dollars per penny
Where Can I Practice Financial Spread Betting on Smith & Nephew?
FinancialSpreads offers a Demo Account which means you can try out new theories, practice trading, practice with new trading orders and access the candlestick charts on CFD and spread betting markets such as Smith & Nephew.
The Financial Spreads Demo Account comes with a wide range of markets including forex pairs, stocks and shares, commodities and stock market indices.
More on Smith & Nephew plc (SN)
A common ticker code for Smith & Nephew is 'SN' however 'SN.L' and 'LON:SN' 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.
The information and comments provided herein under no circumstances are to be considered an offer or solicitation to invest and nothing herein should be construed as investment advice. The information provided is believed to be accurate at the date the information is produced.
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Smith & Nephew Spread Betting" » A guide to financial spread betting on Smith & Nephew, getting live SN share prices and charts, how to spread bet on Smith & Nephew shares to rise/fall as well as...»
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