derinet® Switzerland

Put Warrant with Knock-Out on SMI® (Swiss Market Index)

  • Valor 111036225
  • ISIN CH1110362253
  • Symbol SSMBNV
Product expired on 17/09/2021
SMI® (Swiss Market Index)CHF 
Please note that this is an indication.


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.


  • 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.