5J·

Leverage products & certificates Functionality

$FTK (-2,34 %)


Question of understanding:


Dear community, since there is not really a sample portfolio at flatex, or you can test this without losing money 😁, can someone explain the mechanics to me ?


Using the example of $NU (+0,66 %) when will I be undocked ? When does the bill expire?


Assuming I now buy 10,000 shares at 0.16 = 1,600.00 euros, how much of a loss do I have to make for it to become worthless?


Is the strike price equal to the knock-out threshold? Or do I have to start from the USD 10.98 (about 10.65 euros) and at -11 % the bill expires ?


Perhaps someone here has some experience, learning by doing could be quite expensive, especially as I am not yet sure how the costs will be affected ?


Maybe it's a display error because of the weekend? 😁


The explanatory videos from flatex are usually not helpful here.


Thanks in advance ✌️

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41 Commentaires

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If the KO threshold of 9.5737 is reached, the ticket is KO and you lose the entire stake. The spread of 3 cents (BID/ASK) is far too expensive. If you buy (0.16) you are almost 20% in the
minus. The spread should be no more than 1 cent.
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Do you want to go long?
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Can confirm that learning by doing is expensive. But as with normal share purchases, I think it pays off in the long term.
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I trade these bills at Trade republic. I find it quite clear there. There you can also see how high the leverage is and whether there are differences between the strike price and the KO. However, with Trade Republic you have restrictions on the choice of issuers. I am currently also invested in Nu with a KO from HSBC. The spread is 1 cent.
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@Der_Dividenden_Monteur Perhaps you can explain this to me, is it perhaps displayed more clearly with one broker than with another?
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At Scalable I see the KO in the home currency for the 6.3 leverage. It is there at 9.45$. And there it seems to be cheaper with sell 0.16 and buy 0.17

DE000HT16Y95
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I would also like to know my way around these bills. Flatex is not exactly helpful here. Maybe this will help you:
https://www.onvista.de/derivate/optionsschein-rechner
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