This is a short knockout certificate with leverage of 40. You bet on falling prices (short) of the share (Palantir) and gain 40 times (leverage). If the share price rises, the certificate falls 40-fold. If it rises to 77.61, the certificate expires completely (knockout) and your stake is gone
@Bein-Godik Old Swede! There are some really crazy investment stories. I get stressed enough when the risk assessment of the fund or ETF I want to invest in is 5... 😊
Ah ok, I've understood that. Thank you very much. Of course, the whole thing is a big gamble. I think you should only do that with money that doesn't hurt you. Ergo, I'm investing from the outset, right? What I mean is that the money for the gamble goes somewhere from the outset, can I imagine it that way? LG ☺️
@TangoBravo I don't understand what you mean by "in advance". You buy the certificate like any other security at the current price. You then sell at a profit or loss, depending on how the value of the underlying share has performed
