Spread Betting on Tesco Shares (TSCO)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Tesco?

A Financial Spreads account provides investors with a range of shares such as Tesco, Royal Mail, AT&T and E.On, plus a host of other UK, US and international shares.

Where Can I Access Live Prices for the Tesco Market?

A FinancialSpreads account offers investors real time pricing on more than a thousand markets including Tesco and a large range of other equities, foreign exchange, commodities and indices markets.

Where Can I Get Live Tesco Charts?

When trading with Financial Spreads you can access real time candlestick charts for Tesco and more than a thousand other financial spread betting and CFD markets.

Along with multiple chart types, the charting package also has a wide array of features including:
Example FinancialSpreads equity chart:

Shares Spread Betting Charts



A Guide to Spread Trading on Tesco

Let's say that you log on to the FinancialSpreads website and the trading platform is showing a quote of:

  Tesco Rolling Cash Sell

242.08
Buy

242.47


Here's a guide to how it works...

The Market:Tesco Rolling Cash
Quote (The Spread):242.08p - 242.47p
What This Means:Now you can take a position on the Tesco Rolling Cash market to push:

  Spread Betting Higher than 242.47p, or
  Spread Betting Lower than 242.08p

This is a Rolling market and so there is no expiry date for this trade. If you don't close your position and the session ends then your position will roll over to the next trading session.

Note: if a trade is rolled over then you will normally either receive or be charged interest for overnight financing based upon the direction of your trade. To learn more see Rolling Spread Bets.
Units (Points) Traded:Bets on the Tesco market are priced in £x per penny price movement.

E.g. if Tesco moves by 55p then you would win or lose 55 times your stake.
Stake Size per Unit:You choose how much you want to risk per penny, e.g. £3 per penny, £8 per penny, £15 per penny etc.
Simplified Trading Example:With that in mind, if your stake is £3 per penny and Tesco moves 29p, you would lose / win £3 per penny x 29p = £87.


Worked Example - Taking a Long Position on Tesco

Spread trading on the equity to increase

You Select Whether to Buy or Sell: Tesco moving:

  Spread Betting Higher than 242.47p? or
  Spread Betting Lower than 242.08p?

Let's Say You Buy:   Spread Betting Higher than 242.47p
You Choose How Much to Risk, Let's Say You Opt For: £15 per penny
So Now What Happens?
  • You will win £15 for every penny Tesco increases above 242.47p
  • You will lose £15 for each penny Tesco moves below 242.47p
When Buying a Market Your P&L = (Final Price - Initial Price) x stake
 
Trading Example 1
Tesco increases and the market is adjusted and moved to 249.14p - 249.53p:   249.14   249.53
Time to Lock in Your Profit? At this point, you could decide to keep your bet open or close it in order to lock in a profit. In this case you decide to settle your position by selling the market at 249.14p.
Your P&L = (Final Price - Initial Price) x stake
(249.14p - 242.47p) x £15 per penny
6.67p x £15 per penny
Your P&L = £100.05 profit
 
Trading Example 2
Tesco slips and the financial spread betting market is adjusted to 234.83p - 235.22p, i.e.   234.83   235.22
Time to Restrict Your Loss? At this point, you can decide to keep your bet open or close it, i.e. close your trade and limit your losses. For this example, you choose to settle your position by selling at 234.83p.
Your P&L = (Final Price - Initial Price) x stake
(234.83p - 242.47p) x £15 per penny
-7.64p x £15 per penny
Your P&L = -£114.60 loss


Spread Trading Example - Taking a Short Position on Tesco

Financial spread betting on the equity to fall

You Now Decide Whether to Go Long or Short: Tesco to move:

  Spread Betting Higher than 242.47p? or
  Spread Betting Lower than 242.08p?

You Might Want to Sell:   Spread Betting Lower than 242.08p
You Select Your Stake, Let's Assume You Choose: £10 per penny
So What Happens Now?
  • You will lose £10 for each penny Tesco rises above 242.08p
  • You will win £10 for each penny Tesco decreases lower than 242.08p
When You Sell a Spread Bet Your P&L = (Initial Price - Final Price) x stake
 
Trading Example 3
Tesco drops and the spread betting market becomes 231.04p - 231.43p, so you'd see this on Financial Spreads:   231.04   231.43
Close and Take a Profit? At this point, you can choose to let your spread bet run or close it, i.e. close your trade to lock in a profit. In this case you opt to close your position and buy the market at 231.43p.
Your P&L = (Initial Price - Final Price) x stake
(242.08p - 231.43p) x £10 per penny
10.65p x £10 per penny
Your P&L = £106.50 profit
 
Trading Example 4
Tesco moves higher and the spread trading market is moved to 253.89p - 254.28p, therefore you would see:   253.89   254.28
Close and Limit Your Loss?You may choose to keep your position open or close it, i.e. close your spread bet and limit your losses. In this case you choose to close your position by buying at 254.28p.
Your P&L = (Initial Price - Final Price) x stake
(242.08p - 254.28p) x £10 per penny
-12.20p x £10 per penny
Your P&L = -£122.00 loss

Where Can I Practice Financial Spread Betting on Tesco?

Financial Spreads provides investors with the ability to try out new trading theories by using a free Practice Account, practise markets include Tesco.

The Demo Account has more than one market; you can try trading across a wide selection of forex rates, stocks, commodity markets and stock market indices.


More on Tesco plc (TSCO)



A common ticker code for Tesco is 'TSCO' however 'TSCO.L' and 'LON:TSCO' 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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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.