Turbo Day Call - To play the upward trend in intraday, while benefiting from a hedge against the fall.
Amplify your profits in case of upward trend and limit your losses in case of fall.
Example
The CAC40 quotes 5900 points. You believe in a strong increase of the value during the day. You buy a Turbo Day Call Future CAC40 with a reference level of 5868 points and a parity of 1/100. This product is worth (5900-5868+8)/100=0.4 €. If the future CAC40 level increases of 30 points (+0.51%), the TurboDay progresses of 30/100=0.30 € (+75%). However if the Cac40 futures level hits or drops below 5868 points the TurboDay is deactivated.
1. Relevant scenario
2. Trading with technical analysis
With the turbo-long one can profit from rising quotes with a constant leverage.
As long as the quote of the underlying security does not fall below the reference level, the turbo-long 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 falls below the reference level, the day-turbo will be knocked-out.
Increase of the underlying
Passing of time
Increase of the volatility
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 up trend, notably after having exceeded a resistance level or confirmed a support level.