Ocado Spread Betting Guide

Ocado Spread Betting Guide

Ocado Spread Betting Guide

arrow_forwardLive Ocado Chart
arrow_forwardLive Ocado Prices
arrow_forwardWhere to Spread Bet on Ocado
arrow_forwardHow to Spread Bet on Ocado


Live Ocado CFD Chart and Prices



Where Can I Spread Bet on Ocado?

Most of the spread betting brokers will offer prices and charts on shares including Ocado e.g.:

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How to Spread Bet on Ocado

Let’s say you are thinking of spread trading on Ocado, so you look at a spread betting website, e.g. Inter Trader, and see that they are offering the latest quote of:

Ocado Rolling Daily: 107.1p – 107.8p

Here’s what you can expect from a trade.

Market Ocado Rolling Daily
Spread Betting Quote 107.1p – 107.8p
What This Means Now you can bet on the Ocado Rolling Daily market moving:

  arrow_upward  Higher than 107.8p, or
  arrow_downward  Lower than 107.1p

This market is a ‘Rolling Daily’ market which means that there is no final closing date. If you haven’t closed your position and the session ends then your trade will automatically roll over to the next trading day.

If the trade is rolled over then you will either receive or pay interest for overnight financing depending upon whether you are speculating on the market to rise or fall.

For additional details also see our guide to daily spread bets.
Units (Points) Traded Bets on the Ocado market are priced in £x per penny.

Where a penny is 1p of the share’s price movement.

E.g. if Ocado changes by 45p then you would win / lose 45 multiples of your stake.
Stake Size per Unit You work out what to risk per penny, e.g. £2 per penny, £5 per penny, £20 per penny etc.
Brief Staking Exercise If, as an example, you have a stake of £4 per penny and Ocado moves by 35p, you would lose or win £4 per penny x 35p = £140.


Fully Worked Example | Taking a Bullish View of Ocado

Financial spread trading on the supermarket’s shares to go higher

You Choose Whether to Go Long or Short Ocado to move:

  arrow_upward  Higher than 107.8p? or
  arrow_downward  Lower than 107.1p?

Let’s Assume You Want to Buy   arrow_upward  Higher than 107.8p
You Decide Your Stake, Choosing £15 per penny
Now What?
  • You will win £15 for each penny Ocado increases above 107.8p
  • Your spread bet loses £15 for every penny Ocado goes below 107.8p
If You Are Betting on a Market to Rise Your Trading Profits/Losses = (Settlement Price – Opening Price) x stake per penny
 
Trading Scenario 1 Ocado increases and the financial spread betting market changes to 112.8p – 113.5p.
Take a Profit? At this point, you can opt to let your spread bet run or close it, i.e. close your spread bet to lock in your profit. In this example you choose to settle your bet by selling the market at 112.8p.
Your Trading Profits/Losses = (Settlement Price – Opening Price) x stake per penny
(112.8p – 107.8p) x £15 per penny
5.0p x £15 per penny
Your Trading Profits/Losses = £75.00 profit
 
Trading Scenario 2 Ocado pushes lower and the market is revised and changes to 101.9p – 102.6p.
Close and Limit the Loss? You could decide to keep your trade open or close it, i.e. close your position and limit your losses. In this instance you opt to settle your position and sell at 101.9p.
Your Trading Profits/Losses = (Settlement Price – Opening Price) x stake per penny
(101.9p – 107.8p) x £15 per penny
-5.9p x £15 per penny
Your Trading Profits/Losses = -£88.50 loss


Worked Trading Example | Going Short of Ocado

Spread betting on the UK retailer’s share price to fall

You Now Decide to Go Long or Short Ocado to go:

  arrow_upward  Higher than 107.8p? or
  arrow_downward  Lower than 107.1p?

Let’s Say You Sell   arrow_downward  Lower than 107.1p
You Select Your Stake, Let’s Assume You Select £15 per penny
Now What Happens?
  • Your spread bet loses £15 for every penny Ocado pushes higher than 107.1p
  • You will win £15 for every penny Ocado pushes lower than 107.1p
If You Are Speculating on a Market to Fall Your Trading Profits/Losses = (Opening Price – Settlement Price) x stake per penny
 
Trading Scenario 3 Ocado slips and the spread betting market moves to 101.9p – 102.6p.
Close and Take Your Profit? At this point, you may choose to let your position run or close it, i.e. close your trade for a profit. In this case you choose to settle your position by buying the market at 102.6p.
Your Trading Profits/Losses = (Opening Price – Settlement Price) x stake per penny
(107.1p – 102.6p) x £15 per penny
4.5p x £15 per penny
Your Trading Profits/Losses = £67.50 profit
 
Trading Scenario 4 Ocado pushes higher and the spread trading market is revised and set at 111.7p – 112.4p.
Restrict the Loss?At this point, you may choose to let your spread bet run or close it, i.e. close your trade and restrict your loss. In this example you opt to close your position and buy the market at 112.4p.
Your Trading Profits/Losses = (Opening Price – Settlement Price) x stake per penny
(107.1p – 112.4p) x £15 per penny
-5.3p x £15 per penny
Your Trading Profits/Losses = -£79.50 loss


Ocado Notes:

AuthorAlex Turner

Senior Editor, SpreadBetMagazine

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