Risk Warning: CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage.
Approximately 80% of retail client accounts lose money when trading in CFDs and spread bets.
You should consider whether you understand how CFDs and spread bets work and whether you can afford to take the high risk of losing your money.

Tick

Lunaro Trading Team
05/03/2026

The smallest possible price movement of a financial instrument.

Time value

Lunaro Trading Team
05/03/2026

The portion of an option’s price that reflects potential future profit based on time until expiration.

Technical analysis

Lunaro Trading Team
05/03/2026

A method of predicting future market movements by analyzing historical price data and chart patterns.

Volatility

Lunaro Trading Team
05/03/2026

A statistical measure of how much an asset’s price changes over time.

Volatility risk

Lunaro Trading Team
05/03/2026

Risk of unpredictable price swings due to market volatility.

West Texas Intermediate (WTI)

Lunaro Trading Team
05/03/2026

A premium crude oil benchmark widely used in global energy pricing.

Working order

Lunaro Trading Team
05/03/2026

An instruction to execute a trade when an asset reaches a specified price.

Weighted Average Price (WAP)

Lunaro Trading Team
05/03/2026

Another name for VWAP — the average trading price weighted by volume.

Witching hour

Lunaro Trading Team
05/03/2026

The final trading hour when options and futures expire, often causing high volatility.

Yield

Lunaro Trading Team
05/03/2026

The income earned from an investment, expressed as a percentage.