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Call Sprinter Open End on DAX®

  • Valor 111033655
  • ISIN CH1110336554
  • Symbol ODABCV
Product knocked out on 01/10/2021
UnderlyingEUR 
Please note that this is an indication.

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Warrants with Knock-Out Open End Call

Your Idea

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

Our solution

  • Open-end Sprinter Warrants expire immediately without any value upon reaching or falling below the knockout level.
  • No fixed term to maturity
  • Less capital employment than with a direct investment in the underlying
  • Overproportionate participation in the performance of the underlying
  • The strike price and knockout level are adjusted each trading day.
  • Basically, the closer the current market price is to the strike price, the greater the leverage effect.

Risks

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

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

Documents