Lloyds reports FY results on Wednesday, 20 Feb

• Last time Lloyds reported: Q3 Results, 25 Oct.
• The shares closed +1.9% for a daily range of 2p or 3.6%.
• Shares -0.7% from 2019 highs; +16.2% from 2019 lows; +12.5% year-to-date.
• Currently 58.4p (at time of writing).
• Will we see another big share price move on Wednesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Lloyds – An Example

Let’s say you think that Lloyds results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Lloyds using CFDs, at the current price of 58.4p. To do this, you need £2,000.

For the purpose of this example, let’s assume Lloyds reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. Lloyds results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

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