@He-Man no, but the bill is automatically knocked out at the latest at $56 and then has a residual value of around 45 cents. That is the worst thing that can happen.
@Multibagger This means that the certificate is also knocked out at 0.45 outside trading hours, even if the price rises by 10% and the certificate should actually fall to 0.
@Iudicium yes, experience helps a little 😉 Otherwise you would have to take a very large distance with correspondingly small leverage, or risk a total loss.