Spread Betting on Lloyds Shares (LLOY)

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Financial Spreads: Spread Betting and CFD Trading

Where Can I Spread Bet on Lloyds?

FinancialSpreads provides investors with an array of shares such as Lloyds Bank, Reckitt Benckiser, Microsoft and BMW, along with a broad selection of other international shares.

Where Can I Access Live Prices for the Lloyds Market?

With a FinancialSpreads account investors are able to speculate on more than 1,000 live prices including markets like Lloyds and a large variety of other stocks, forex, commodities and indices markets.

Where Can I Get Live Lloyds Charts?

With Financial Spreads clients can access real time candlestick charts for Lloyds and numerous other CFD and spread trading markets.

Along with several display styles, the charting package comes with a large variety of advanced features including:
Sample equities chart:

Shares Spread Betting Charts



How to Spread Bet on Lloyds

Let's say you log on to the FinancialSpreads website and are presented with:

  Lloyds Rolling Cash Sell

75.41
Buy

75.53


This is a guide to how the market works...

The Spread Betting MarketLloyds Rolling Cash
The Quote75.41p - 75.53p
How This WorksYou can bet on the Lloyds Rolling Cash market to move:

  Spread Betting Higher than 75.53p, or
  Spread Betting Lower than 75.41p

This is a 'Rolling' trade meaning that it does not have a closing date. If you decide not to close your position and the session ends then your position will roll over to the next trading session.

If a trade does roll over then you will normally either have to pay or receive interest for overnight financing based upon the direction of your spread bet. For further information see Rolling Spread Betting.
Units (Points) TradedBets on the Lloyds market are made in £x per penny price movement.

E.g. if Lloyds changes by 35p then you would lose/win 35 times your stake.
Stake per UnitYou work out how much you want to stake per penny, e.g. £1 per penny, £8 per penny, £15 per penny etc.
Quick Staking ExampleIf, as an example, your stake is £2 per penny and Lloyds moves 30p, you would win or lose £2 per penny x 30p = £60.


Spread Betting Example - Taking a Long Position on Lloyds

Financial spread betting on the share to rise

You Now Choose Whether to Go Long or Short Lloyds moving:

  Spread Betting Higher than 75.53p? or
  Spread Betting Lower than 75.41p?

You Might Want to Go Long   Spread Betting Higher than 75.53p
You Choose Your Stake Size, Let's Say You Choose £15 per penny
What Now?
  • You gain £15 for every penny Lloyds pushes higher than 75.53p
  • You lose £15 for each penny Lloyds goes lower than 75.53p
If You Are Speculating on a Market to Increase Your Trading Profits/Losses = (Settlement Price - Opening Price) x stake
 
Trading Scenario 1
Lloyds moves higher and the financial spread betting market is revised to 82.33p - 82.45p. Therefore you'd see this on Financial Spreads:   82.33   82.45
Close and Take a Profit? At this point, you could opt to keep your position open or close it in order to take your profit. In this case you choose to settle your position and sell the market at 82.33p.
Your Trading Profits/Losses = (Settlement Price - Opening Price) x stake
(82.33p - 75.53p) x £15 per penny
6.80p x £15 per penny
Your Trading Profits/Losses = £102.00 profit
 
Trading Scenario 2
Lloyds moves lower and the spread trading market is moved to 67.98p - 68.10p. Therefore you would see:   67.98   68.10
Time to Limit Your Loss? You may decide to keep your trade open or close it, i.e. close your spread bet to limit your losses. In this instance you decide to close your position and sell at 67.98p.
Your Trading Profits/Losses = (Settlement Price - Opening Price) x stake
(67.98p - 75.53p) x £15 per penny
-7.55p x £15 per penny
Your Trading Profits/Losses = -£113.25 loss


Worked Example - Going Short of Lloyds

Spread trading on the share to fall in value

You Now Decide to Go Long or Short Lloyds going:

  Spread Betting Higher than 75.53p? or
  Spread Betting Lower than 75.41p?

Let's Assume You Sell   Spread Betting Lower than 75.41p
You Choose How Much to Risk, Let's Assume You Select £10 per penny
Now What?
  • You lose £10 for each penny Lloyds increases above 75.41p
  • You gain £10 for each penny Lloyds falls below 75.41p
If You Go Short With a Spread Bet Your Trading Profits/Losses = (Opening Price - Settlement Price) x stake
 
Trading Scenario 3
Lloyds falls and the market is revised and changes to 64.23p - 64.35p. I.e.   64.23   64.35
Lock in Your Profit? At this point, you could decide to keep your spread bet open or close it and take a profit. In this instance you choose to close your bet by buying at 64.35p.
Your Trading Profits/Losses = (Opening Price - Settlement Price) x stake
(75.41p - 64.35p) x £10 per penny
11.06p x £10 per penny
Your Trading Profits/Losses = £110.60 profit
 
Trading Scenario 4
Lloyds climbs and the spread betting market is adjusted and moved to 87.58p - 87.70p:   87.58   87.70
Restrict Your Loss?You could opt to let your position run or close it, i.e. close your position and limit your losses. In this example you decide to close your bet and buy at 87.70p.
Your Trading Profits/Losses = (Opening Price - Settlement Price) x stake
(75.41p - 87.70p) x £10 per penny
-12.29p x £10 per penny
Your Trading Profits/Losses = -£122.90 loss

Where Can I Practice Financial Spread Betting on Lloyds?

Financial Spreads provides traders with the option of testing new trading theories by using a Demo Account, test markets include Lloyds.

The Financial Spreads Demo Account comes with a wide variety of markets such as exchange rates, commodities, stocks and shares and index markets.

Open a Free CFD Trading and Spread Betting Demo Account


More on Lloyds Banking Group plc (LLOY)



A common ticker code for Lloyds is 'LLOY' however 'LLOY.L' and 'LON:LLOY' are also used.

For more news and information on the UK firm, also see: Financial Spreads is not responsible for the content of external / third party websites.


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Also see:
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Spread betting & CFDs trading are complex instruments & come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading these products with this provider. You should consider whether you understand how these products work & whether you can afford to take the high risk of losing your money. Click here to see the risk warning notice.