Full Quote - warrant/option

Bid/ask price

The current bid and ask price at the trading venue selected.

The arrow next to a particular price flashes to indicate updated prices. The direction and colour of the arrow next to the price illustrate the current price development.

Bid/ask quantity

The quantity for the bid and ask price indicated above.

Open/
Close

Current open price and the last close price (during trading hours, the price of the previous day's close).

High/Low

The daily highest and lowest price at the trading venue selected.

Total volume

The volume of the future at the trading venue selected.

Distance all-time high

The distance in percent to the all-time high of the warrant.

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ID of the option.

Type

The warrant type, for example "Warrant", "Option" or "Classic".

Warrant option

The warrant option, for example "Call" or "Put".

Exercise type

The exercise type of the warrant, for example "American".

Exercise price

The strike or exercise price of the warrant.

Impl. Volatility

The implied volatility of the warrant.

The implied volatility is the volatility that the warrant effectively allows for a security. Assuming that the effective price is identical to the fair price, you can calculate which volatility needs to be set for this price.

Moneyness

The moneyness of the warrant.

This indicator describes the relation of the underlying asset to the strike and thus the value of the warrant (in the money or out of the money). For example, a moneyness of 1.1 indicates a profit of 10%.

The underlying of the warrant.

You can open the underlying directly in a dashboard or widget of your choice by using the menu icon of the underlying name. For more information, see Commands in the widget menu.

Maturity date

The maturity date of the warrant.

Issue date

The issue date of the warrant. The issue date of the warrant is the date when the warrant was traded for the first time.

Subscription ratio

The subscription ratio of the warrant to the underlying.

The subscription ratio is the ratio of the underlying quantity to one warrant, that is, the percentage of the underlying that a certificate can be obtained with.

Quanto

Shows if the certificate is a quanto warrant.

Quanto warrants are derivatives that hedge against currency risk if you speculate on an underlying noted in a foreign currency. For this purpose, the exchange rate is fixed when the certificate is issued. This exchange rate is used when the certificate matures to calculate the internal value. Therefore, the amount paid out when the certificate matures depends only on the price of the underlying.

Omega

The omega of the warrant.

The omega indicates the percentage change of the value of the option when the equity price changes by one percent. Omega is an indicator that estimates the future leverage of a warrant. Because of its lower price, the option reacts stronger in value in percentage terms than the underlying.

Delta

The delta of the warrant.

The delta refers to the dependency of the option price on the equity price. If the price of the underlying rises by one euro, then the option price should theoretically rise by the delta value. For calls, the delta is always between 0 and 1, and for puts between -1 and 0.

Gamma

The gamma of the warrant.

The gamma measures the sensitivity of the delta in relation to changes of the underlying price. The gamma shows by what amount the delta has changed when there is change in the underlying price. The Gamma must always be positive.

Vega

The vega of the warrant.

The vega (sometimes referred to as "eta") shows the dependency of the fair price on the volatility. The higher the volatility of an equity, the greater the value of the warrant for the share. If the volatility of a share increases, then the value of the warrant increases by the value called vega.

Rho

The rho of the warrant.

Rho (sometimes referred to as "epsilon") indicates how the value of an warrant behaves when the interest rate changes by one percent. Because the interest on risk-free investments is also taken into account in the fair price calculation, you can also calculate the change in a warrant's value given a change in the interest rate.

Theta

The theta of the warrant.

The theta of a warrant shows by what amount the time value decreases daily. Warrants lose their premium over time until they have only their intrinsic value on the expiration date. The theta increases as the expiration date of the warrant approaches.

Annual high/low

The highest and lowest price in the current year at the trading venue selected.

52W High/Low

The highest and lowest price in the last 52 weeks at the trading venue selected.

The highest and lowest price at the trading venue selected.