The CAC40 quotes 5900 point. You believe in an important drop of the value today. You buy a Turbo Day Put Future CAC40 with a reference level of 5942 points, and a parity of 1/100. This product quotes (5942-5900+8)/100=0.50 ?. If the Futures CAC40 level drops more than 30 points (-0.51%), the TurboDay progresses of 30/100=0.30 ? (+60%). However if the Future CAC40 hits or progresses beyond 5942 points, the TurboDay is deactivated.
1. Relevant scenario
2. Trading with technical analysis
With the turbo-short one can profit from falling quotes with a constant leverage. As long as the quote of the underlying security does not rise to the reference level, the turbo-short moves analog to the underlying, but due to the much smaller capital demand with an according leverage.
If at any time the quote of the underlying security rises to the reference level, the turbo-click will be knocked-out.
Underlying Price Increase
Passing of time
Volatility increase
No impact
No impact
The technical analysis is the study of the past evolution of the underlying mainly based on price charts in the prospect of predicting the trend (increase, decrease or consolidation), ampitude and time : support and resistance levels, patterns. The TurboUp is adapted for benefiting from an down trend, notably after having exceeded a resistance level or confirmed a support level.