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Put Warrant with Knock-Out on DAX®

  • Valor 59492817
  • ISIN CH0594928175
  • Symbol SDAARV
Product expired on 17/09/2021
DAX®EUR 
Please note that this is an indication.

Documents

Warrants with Knock-Out Put

Your Idea

  • You expect a certain underlying to depreciate.
  • Higher return possibilities than with conventional warrants

Our solution

  • Sprinter Warrants expire immediately without any value upon touching or breaching the knockout barrier.
  • Less capital employment than with a direct investment in the underlying
  • Overproportionate participation in the performance of the underlying
  • Basically, the closer the current market price is to the barrier, the greater the leverage effect.
  • Upon expiration, the redemption payment is determined by the current price of the underlying and the strike price.

Risks

  • An investment in Sprinter Warrants entails greater risk than a direct investment in the underlying. Sprinter Warrants can expire at any time without any value upon reaching the knockout barrier.
  • Issuer risk
  • Market and currency risk

Profit/loss diagram

Disclaimer: Please consult the termsheet and the accompanying issue prospectus for information on the exact product functionality, product details and risks.