Uncertainty - translated into volatility on the stock exchanges - pushes prices down. However, for yield enhancement products that have a short option component, increased volatility can also be beneficial, as the option premiums collected increase with volatility: Higher coupons and/or lower barriers result. For investors assuming a sideways movement or rising markets, or assuming a normalization of volatility, temporarily increased volatility allows for more attractive conditions.
Type | Valor | Underlyings | Coupon p.a. | Barrier | Duration (m) | Currency | Subsciption until |
CBRC | 127346283 | SMI®, EURO STOXX 50®, S&P 500® | 4% | 60% | 18 | CHF | 25.09.2023 |
CBRC | 127346285 | SMI®, EURO STOXX 50®, S&P 500® | 8% | 60% | 18 | USD | 25.09.2023 |
ZKB Callable Barrier Reverse Convertible on worst of SunPower Corp/Sunrun Inc 127344767 / CH1273447677 |
ZKB Barrier Reverse Convertible auf Tesla Inc 127346440 / CH1273464409 |
ZKB Autocallable Barrier Reverse Convertible on worst of Porsche Automobil Holding SE/Tesla Inc/Merc... 127346270 / CH1273462700 |
ZKB Reverse Convertible auf Tesla Inc 125291464 / CH1252914648 |
ZKB Autocallable Barrier Reverse Convertible auf Affirm Holdings Inc 127344951 / CH1273449517 |