How to buy, sell and short Virgin Galactic shares

Virgin Galactic shares are the only way to get direct market exposure to the commercial human spaceflight sector. Here, we explain how to buy, sell and short Virgin Galactic shares, as well as how to trade Virgin Galactic options.

How to buy or invest in Virgin Galactic (SPCE) shares

You can buy Virgin Galactic shares in two ways: through share trading or by derivatives trading. Share trading means that you take direct ownership of Virgin Galactic stock, and you can profit if the shares increase in value or through any dividend payments.

Trading derivatives – such as CFDs – means you can speculate on the price movements of Virgin Galactic shares without taking ownership of them. This enables you to trade with leverage – which grants you full market exposure while only committing a small deposit, known as margin.

Follow the steps below to invest in or trade Virgin Galactic shares:

Investing in Virgin Galactic shares

  1. Create or log in to your share trading account
  2. Search for ‘Virgin Galactic’ (SPCE)
  3. Decide whether you want to trade at quote or on exchange
  4. Choose the number of shares you want to buy
  5. Confirm your purchase and monitor your investment

Trading Virgin Galactic shares

  1. Create or log in to your IG trading account
  2. Decide whether you want to trade CFDs
  3. Search for ‘Virgin Galactic’ (SPCE)
  4. Choose your position size and select ‘buy’
  5. Confirm your trade and monitor your position

How much would it cost to invest in Virgin Galactic?

US standard commission US best commission FX conversion fee
IG £10 £0 0.5%
Hargreaves Lansdown £11.95 £5.95 1.0%
AJ Bell £9.95 £9.95 1.0%

IG’s best commission is available to clients who place three or more investment positions in the previous calendar month. If you’d rather trade on the value of Virgin Galactic, you can do so with CFDs. You’ll be able to:

  • Get full exposure with a small deposit – usually just 20%-25%1 of the full value of the trade

How to sell and short Virgin Galactic shares

After investing in Virgin Galactic, you might want to sell your stake if the price starts to fall. Equally, you might want to short Virgin Galactic shares if you are trading with CFDs, to generate a profit from the price falling.

Follow the steps below to either sell or short Virgin Galactic shares

Selling Virgin Galactic shares

  1. Create or log in to your share trading account
  2. Search for ‘Virgin Galactic’ (SPCE)
  3. Select ‘sell’ in the deal ticket to close your investment
  4. Enter the number of shares you want to sell
  5. Confirm the sale

Shorting Virgin Galactic shares

  1. Create or log in to your IG trading account
  2. Search for ‘Virgin Galactic’ (SPCE)
  3. Choose your position size
  4. Choose ‘sell’ in the deal ticket to speculate on the price falling
  5. Confirm the trade and monitor your position

Virgin Galactic’s live market prices

How to trade Virgin Galactic options

To trade Virgin Galactic options, follow the steps below:

  1. Research the market
  2. Open an IG trading account
  3. Decide whether you want to buy or sell puts or calls
  4. Call +65 6390 5118 to place your trade
  5. Confirm your trade over the phone

Footnotes

1Deposits for leveraged trades are 20%-25% on 99.77% of tier one US shares.

Publication date : 2020-02-20T08:30:14+0000

IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.

The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

Please see important Research Disclaimer.

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