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Erste Group Warrant AVAST PLC 18.09.2020


ISIN:
AT0000A2C8L0
WKN:
EB0ZJ5
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Bid Ask
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Difference - (-)

General attributes

IssuerErste Group Bank AG
Product typeWarrants
CurrencyEUR
TypPUT
Exercise methodamerican
UnderlyingAVAST PLC
Underlying price151.75 CZK
Date2020/09/21 16:04:45
Strike110.0000 CZK
MoneynessOut of the money
Implied volatility283.7310%
Omega10.9877
Multiplier1.0000000
Maturity2020/09/18
Repayment value0.000 EUR

The calculation of the key figures is based on the most recently delivered price of the underlying (see date/time stamp in tab underlying).

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Legal note

This product is no longer publicly offered. The product-specific content published here is for information purposes only for those who are already invested and does not constitute marketing communication. Erste Group Bank AG no longer consents to the use of the prospectus for a public offering of this product by third parties. Purchases and sales are made exclusively on the secondary market. Erste Group Bank AG acts solely in the function as market maker and continues to provide bid and ask prices (but is legally not obliged).

Secondary market

During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed.

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Bid Ask
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Difference - (-)

General attributes

IssuerErste Group Bank AG
Product typeWarrants
TypPUT
Exercise methodamerican
Stock exchangeVIE, STU
UnderlyingAVAST PLC
Underlying ISINGB00BDD85M81
Underlying stock exchangePRS
Underlying currencyCZK
Underlying price151.75 CZK
Date2020/09/21 16:04:45
Strike110.0000 CZK
MoneynessOut of the money
Implied volatility283.7310%
Historical volatility 30 days-
Historical volatility 200 days-
Leverage145.92
Delta-0.0385
Omega10.9877
Gamma 0.0680
Vega0.0004
Theta -0.0182
Rho-0.0000
Multiplier1.0000000
Issue date2019/12/23
Start price product0.07
Maturity2020/09/18
First trading day2019/12/23
Last trading day2020/09/16
Quantono
CurrencyEUR
Repayment value0.000 EUR

The calculation of the key figures is based on the most recently delivered price of the underlying (see date/time stamp in tab underlying).

Warrants | Description

What are put warrants?
Warrants are securities that transfer the right (but not the obligation) to the holder to buy or sell an underlying instrument (for example, a share). A put warrant gives investors the right to sell the underlying instrument at a later date for an agreed price (i.e. the strike price). A warrant may be either exercised during the term (American style) or at the end of it (European style). Warrants may be traded on the stock exchange or over the counter.

How do put warrants work?
A put warrant gives investors the right to sell the underlying instrument at a later date for an agreed price. They will only want to exercise this right if the price of the underlying is below the strike price (“in the money”). This way investors could buy the underlying instrument on the stock exchange and sell it to the issuer at the higher strike price. In practice, instead of the actual delivery of the underlying instrument the transaction tends to be settled in cash by paying the difference between the price of the underlying on the day of exercise and the strike price.

Warrants offer investors the chance to benefit disproportionately from fluctuations in the price of the underlying. This leverage effect is due to the relatively lower capital investment for the purchase of a warrant compared to a direct investment in the underlying.

Price information

Today open-
Today high-
Today low-
Close (previous day)-
Spread in %97.50 %
Spread absolute0.04
Spread harmonised0.04
High price (52 weeks)-
Low price (52 weeks)-

Performance

Performance YTD in %-
Performance 1 month in %-
Performance 6 months in %-
Performance 1 year in %-
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-


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Bid Ask
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Difference - (-)

Date: 2020/09/21 16:04:45
Underlying Quote
151.75 CZK
Difference -0.56% (-0.85)

General attributes underlying

NameAVAST PLC
ISINGB00BDD85M81
Stock exchange (underlying)PRS
Currency (underlying)CZK
Start value underlying137.0000
Price151.75
Time20/09/21 - 16:04:45
Change in %-0.56%
Today high154.95
Today low148.70
High price (52 weeks)177.00
Low price (52 weeks)79.00


Information about previous performance does not guarantee future performance.
Source: FactSet

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Know-How

In our know-how area you can find all relevant details on warrants. The tutorial gives you selected information about the functionality of warrants and assists you in making your investment decision. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.

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INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

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Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended). For this reason, the distribution or redistribution of the information, materials and products into United States or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited. The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

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By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.