Strategie / Bemerkung
This (call) knock-out warrant is linked to DAX, the underlying instrument, and has a term ending on October 25, 2024. This is a leveraged product, where the investor participates disproportionately in the positive and negative performance of the underlying. The product features a knock-out threshold of points 14,900.00. If the underlying breaches the knock-out threshold during the term, the product will be knocked out, expiring worthless. If, at the end of the term, the underlying trades above the strike price of points 14,900.00, the redemption amount is calculated as the difference between the price of the underlying and the strike price, adjusted for the multiplier of 0.01.