11Lun·

Leverage products & certificates Functionality

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 (+0,49 %) 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 ✌️

41 Comentarios

Finanzaristokrat@Finanzaristokrat

11Lun

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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Ver todas las 17 respuestas adicionales

Caynify@Caynify

11Lun

Do you want to go long?

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BamBamInvest@BamBamInvest

11Lun

@Caynify First of all, I just want to understand how it works with this broker, as the figures quoted are confusing.

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Tom M.@Lumimyrsky

11Lun

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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BamBamInvest@BamBamInvest

11Lun

@Lumimyrsky It's more about understanding it and broadening my horizons and maybe leaving some play money at the table. But unfortunately it's not self-explanatory.

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Tom M.@Lumimyrsky

11Lun

@BamBamInvest Yes, I understand

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Chris@Multibagger

11Lun

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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BamBamInvest@BamBamInvest

11Lun

@Multibagger thanks for the feedback, yes I'll have to have a look tomorrow, maybe it's also the weekend that it's displayed so awkwardly. ✌️

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BamBamInvest@BamBamInvest

11Lun

@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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Enrique@Dividenden_Monteur

11Lun

@BamBamInvest the overview is really a bit complicated 😅 the most important thing here is the KO threshold, which here is €8.8xx, although I also find this a bit strange as a € value is displayed here. Normally the value in the home exchange is displayed here, i.e. $.

For example, I have this one DE000HT16Y79 with a KO at 8.94$

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BamBamInvest@BamBamInvest

11Lun

@Der_Dividenden_Monteur with the 4 lever it is at 8.8 with the 6 lever at 9.47 . And yes, dollars are displayed at the top with 10.98 and euros at the bottom, how are you supposed to work that out for yourself 😂 I have the feeling that you lose money when you buy and then leave it alone 😁

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Chris@Multibagger

11Lun

@BamBamInvest I have the HT16y9 with KO at 9.45 $. I bought it for € 0.10. Certainly that was the speculative variant with leverage of now still 7. When I bought on 30.12. it was still over 9.

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Finanzaristokrat@Finanzaristokrat

11Lun

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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BamBamInvest@BamBamInvest

11Lun

@Finanzaristokrat may also be due to the weekend, it will probably be much lower tomorrow. But I still don't understand the mechanics, I can't classify the values correctly.

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Garfield@Bonus

11Lun

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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BamBamInvest@BamBamInvest

11Lun

@Bonus thanks for the tip, yes it's really not easy to understand, I'll probably have to test it myself with play money to understand it, although I don't know what the costs are here.

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BamBamInvest@BamBamInvest

11Lun

@Bonus Basically, the products themselves are not difficult to understand how they work, but nobody understands the displays and how they are presented 😂.

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Garfield@Bonus

11Lun

@BamBamInvest
I am also in the process of finding out with small sums.
Good luck and be careful. 💸

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BamBamInvest@BamBamInvest

11Lun

@Bonus thank you too 😂

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BamBamInvest@BamBamInvest

11Lun

@Bonus To be honest, if a broker offers and wants to sell this, I don't understand why he doesn't make a video and practical example.

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DADlikesCRYPTO@DADlikesCRYPTO

11Lun

Good luck 😁👍

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BamBamInvest@BamBamInvest

11Lun

@DADlikesCRYPTO danke 😁

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Tenbagger2024@Tenbagger2024

11Lun

Maybe the broker is just making it so complicated. Because in the end, the broker is the winner.
Buffet says don't invest in anything you don't understand

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BamBamInvest@BamBamInvest

11Lun

@Tenbagger2024 right, don't want to know how many people have already paid a lesson here just to understand it 😂

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