easyJet reports results on Tue, 20 November

• The chart shows the price movement last time easyJet  reported: Trading Update, 28 Sept.
• Shares opened -20.5p (-1.5%), traded as high as +17.5p (+1.3%), but dropped as low as -46p (-3.5%).
• The shares closed -11.5p (-0.9%%) for a daily range of 63.5p or 4.8%.
• Airline narrowed FY 2018 profits guidance, but the 2019 outlook was a bit soft.
• Shares -31% from 2018 highs; +17.5% from 2018 lows; -14.5% year-to-date.
• Recent share price range: Nov highs 1289p; Oct low 1062p. Currently 1251p (at time of writing).
• easyJet publishes Full-year Results on Tue, 20 Nov.
• Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires

Click to enlarge

Trading easyJet – An Example

Let’s say you think that easyJet results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of easyJet using CFDs, at the current price of 1251p. To do this, you need £2,000.

For the purpose of this example, let’s assume easyJet reports strong results and the shares rise 10%. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 3% below the current price. easyJet results miss, it falls 3% and hits your stop-loss. Your loss would be £300.

This is provided for information purposes only. It should not be taken as a recommendation.