:VODAFONE: Traders Thread, Long or Short!

Geoff,

I'm happy to capture 1p a go in my favour to feed myself at the end of the day!

Been spending a lot of time researching the covered warrants as a sort of best of both worlds type deal, haven't traded any yet though

some of the benefits

no stamp duty
gearing - less capital outlay than physical stock
can use traditional broker as a prviate client rather than intermediary customer
tight spreads and sometime better liquidity than the physical stock
if it goes out of the money on you - your downside is limited as say opposed to dealing a VOD CFD on 5 to 20% margin with a cfd provider
puts and calls - so can take a long or short pop at something

still under research at this time but it looks like a good instrument for my particular circumstances, however not suitable for all that's for sure

happy new year to you also