Payout Scenarios
Last updated
Last updated
Investors should be familiar with the return scenarios of VETA's Shark-Fin products. The diagram below illustrates the different characteristics of the return scenarios. Please refer to Glossary of Terms for the exact meanings of the terms in each diagram.
Analysis of potential returns, please refer to the product parameters of this specific product Overview。
In each daily observation, the product is knocked out if the price exceeds the knock-out level (110%), resulting in early termination. The expected annualized return is 2%.
If no knock-out occurs during the term, and the final price is lower than the exercise price (102%), the expected annualized return is 2%.
If no knock-out occurs during the term, and the final price is higher than the exercise price (102% to 110%), the expected annualized return is 2% plus 20% multiplied by the percentage increase of the underlying asset relative to the exercise price, divided by the range between 110% and 102%.
In each daily observation, the product is knocked out if the price falls below the knock-out level (90%), resulting in early termination. The expected annualized return is 2%.
If no knock-out occurs during the term, and the final price is higher than the exercise price (98%), the expected annualized return is 2%.
If no knock-out occurs during the term, and the final price is lower than the exercise price (90% to 98%), the expected annualized return is 2% plus 20% multiplied by the percentage decrease of the underlying asset relative to the exercise price, divided by the range between 98% and 90%.
