Absolute Return Notes Linked to the S&P 500® Index

Discussion in 'Index Futures' started by Doji7, Jul 5, 2008.

  1. Doji7

    Doji7

    What do you think guys?
    Could be a winner or a losser Trade?

    Trade Date: July 1, 2008
    Issue Date: July 16, 2008
    Final Valuation Date: January 4, 2010
    Maturity Date: January 19, 2010

    Upper Barrier: 124.11% of the Initial Level
    Lower Barrier: 75.89% of the Initial Level
     
  2. What's the trade...?

    How much would it cost, or what level would you pay? Is this on the SPTR or cash SP500? Are there multiple resets or just one valuation dates? What is your funding cost?
     
  3. Doji7

    Doji7

    Is a structured product

    The risk involved is :
    If S&P cash move more than 24% up or 24.11% lower since inception day you win $0 but conserve 100% of your capital

    You can gain almost 20% if S&P cash index don't cross the barriers
     
  4. yayt

    yayt

    Are these barrier options?