Spread Betting on Wolseley Shares (WOS)

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Where Can I Spread Bet on Wolseley?

FinancialSpreads.com offers clients a wide variety of stocks and shares including Wolseley, BAE Systems, Bank of America and BNP Paribas, plus a broad selection of other UK, American and global stocks.

Where Can I Access Live Prices for the Wolseley Market?

With Financial Spreads you are able to speculate on 1,000+ real time spread betting and CFD trading prices like Wolseley and a large range of other stocks, forex, stock market indices and commodities prices.

Where Can I Get Live Wolseley Charts?

Using a Financial Spreads account clients can access live candlestick charts for Wolseley and numerous other CFD and spread betting markets.

As well as multiple display styles, the charting package also has an array of options:
Sample share candlestick chart:

Shares Spread Betting Charts



How to Spread Bet on Wolseley

Let's say that you log on to the FinancialSpreads site and the current price is:

  Wolseley Rolling Cash Sell

3875.3
Buy

3882.7


Here's an example of how the market works:

MarketWolseley Rolling Cash
Price (Spread)3875.3p - 3882.7p
What This MeansYou can bet on the Wolseley Rolling Cash market to push:

  Spread Betting Above 3882.7p, or
  Spread Betting Below 3875.3p

This market is a Rolling market and so there is no expiry date. If you decide not to close your trade and the trading session ends then your trade will automatically roll over to the next trading session.

Note that if a trade does roll over then you will either receive or pay interest for overnight financing based upon whether you are betting on the market to go up or down. For more information see Rolling Spread Betting.
Traded UnitsFinancial spread bets on the Wolseley market are priced in £x per penny price movement.

E.g. if Wolseley moves 35p then you would lose / win 35 times your stake.
Stake (Trade Size)You decide how much you are going to stake per penny, e.g. £1 per penny, £8 per penny, £20 per penny etc.
Brief Staking ExerciseIf, for example, you chose a stake of £4 per penny and Wolseley changes by 33p, you would win/lose £4 per penny x 33p = £132.


Worked Spread Betting Example - Going Long of Wolseley

Financial spread betting on the UK share to rise in value

You Now Choose Whether to Go Long or Short Wolseley going:

  Spread Betting Above 3882.7p? or
  Spread Betting Below 3875.3p?

Let's Assume You Choose to Buy   Spread Betting Above 3882.7p
You Choose Your Stake, Let's Say You Choose £2 per penny
What Next?
  • You will win £2 for every penny Wolseley moves above 3882.7p
  • You lose £2 for each penny Wolseley goes below 3882.7p
If You Are Buying a Market Your P&L = (Closing Price - Initial Price) x stake
 
Situation 1
Wolseley pushes higher and the market is moved to 3989.5p - 3996.9p, so you would see:   3989.5   3996.9
Time to Take Your Profit? At this point, you can choose to keep your spread bet open or close it, i.e. close your position to lock in a profit. In this example you choose to settle your bet and sell at 3989.5p.
Your P&L = (Closing Price - Initial Price) x stake
(3989.5p - 3882.7p) x £2 per penny
106.8p x £2 per penny
Your P&L = £213.60 profit
 
Situation 2
Wolseley drops and the financial spread betting market is revised and set at 3785.6p - 3793.0p, therefore you'd see:   3785.6   3793.0
Close and Restrict the Loss? At this point, you can choose to let your trade run or close it in order to limit your loss. For this example, you opt to settle your position by selling at 3785.6p.
Your P&L = (Closing Price - Initial Price) x stake
(3785.6p - 3882.7p) x £2 per penny
-97.1p x £2 per penny
Your P&L = -£194.20 loss


Worked Spread Trading Example - Going Short of Wolseley

Online spread betting on the UK share to move down

You Now Decide to Buy or Sell Wolseley moving:

  Spread Betting Above 3882.7p? or
  Spread Betting Below 3875.3p?

You Might Want to Sell   Spread Betting Below 3875.3p
You Select Your Stake, Let's Assume You Select £3 per penny
What Now?
  • You lose £3 for each penny Wolseley rises above 3875.3p
  • You will win £3 for each penny Wolseley pushes below 3875.3p
When Speculating on a Market to Decrease Your P&L = (Initial Price - Closing Price) x stake
 
Situation 3
Wolseley falls and the spread trading market is revised and is set at 3804.0p - 3811.4p, i.e. you'd see:   3804.0   3811.4
Time to Lock in a Profit? At this point, you may choose to let your spread bet run or close it, i.e. close your trade for a profit. In this instance you choose to close your position by buying at 3811.4p.
Your P&L = (Initial Price - Closing Price) x stake
(3875.3p - 3811.4p) x £3 per penny
63.9p x £3 per penny
Your P&L = £191.70 profit
 
Situation 4
Wolseley goes higher and the spread betting market becomes 3926.0p - 3933.4p. I.e. you would see:   3926.0   3933.4
Close and Limit the Loss?You can opt to keep your position open or close it to limit your losses. In this instance you decide to close your bet by buying the market at 3933.4p.
Your P&L = (Initial Price - Closing Price) x stake
(3875.3p - 3933.4p) x £3 per penny
-58.1p x £3 per penny
Your P&L = -£174.30 loss

Where Can I Practice Financial Spread Betting on Wolseley?

FinancialSpreads provide a free Practice Account where investors are able to practice trading, test new trading theories, use trading orders and view charts on CFD and spread betting markets like Wolseley.

The Demo Account isn't limited to a handful of markets; you can practice with a wide selection of index markets, forex rates, commodities and equities.

Open a Free Spread Betting / CFD Trading Demo Account


More on Wolseley plc (WOS)



A common ticker code for Wolseley is 'WOS' however 'WOS.L' and 'LON:WOS' 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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