Sell spread Ordinary / Preferred share in Volkswagen at 70 euro
VOW 3 is the Preferred Share and trades at 70 euro below the Ordinary Share VOW.
The average spread is 20 euro. During the big short in October 2008 the spread exploded to nearly 700 euro at its peak. After 4 days, the spread traded at 250 euro and after a year at 20 euro.
VOW 3 is the most liquid stock.
On 8 March the spread started to increase .
Tighter liquidity is one of the reasons why the spread increased as interest in EV is growing fast.
Another reason is that the ticker VOW is the first to appear on the search tools on many trading platforms when typing Volkswagen.
As Volkswagen is not traded only by retail traders but by many pros in the financial sector, this increase in the spread should be short lived.
The average spread is 20 euro. During the big short in October 2008 the spread exploded to nearly 700 euro at its peak. After 4 days, the spread traded at 250 euro and after a year at 20 euro.
VOW 3 is the most liquid stock.
On 8 March the spread started to increase .
Tighter liquidity is one of the reasons why the spread increased as interest in EV is growing fast.
Another reason is that the ticker VOW is the first to appear on the search tools on many trading platforms when typing Volkswagen.
As Volkswagen is not traded only by retail traders but by many pros in the financial sector, this increase in the spread should be short lived.
Trade active:
The spread is now at 50 after having reach briefly 80.
Take profit at 20/25
Take profit at 20/25