Risk 7 on a scale from 1 to 7
The risk rating of warrants is 7, on a scale from 1 to 7. The risk rating and information for each of the warrants marketed by Openbank is set out in the Key Investor Information Document for each of the warrants available at www.openbank.es/en.
Complexity alert: Complex financial product that may be difficult to understand.
Lower risk
Higher risk
Potentially
lower
return
Potentially
higher
return
- You can trade with all the warrants listed on the Spanish market.
- You also have turbos, multis and bonuses available.
- You'll pay just €9.90 for ever buy or sell trade, regardless of the amount.
Want to learn more about warrants?
What are warrants?
What types of warrants are there?
What are the fees?
What other products can I buy?
Do you require more information?
What are warrants?
Warrants, through a small investment, allow you to earn when the stock market rises (call) and when it falls (put), which multiplies investment opportunities. With warrants you can earn on market downturns or hedge your portfolio, or increase your returns thanks to their leverage effect. Openbank not only allows you to trade with warrants in an almost professional way and with the best tools, but you can also trade with any warrant in the continuous market, from any issuer.
What types of warrants are there?
There are call warrants and put warrants. Call warrants grant you, as the owner, the right to buy the underlying asset at the strike price. When they expire, if the underlying asset is greater than the strike price, we will credit you the difference.
With put warrants, as the owner, you acquire the right to sell the underlying asset at the strike price. When they expire, if the settlement price is lower than the strike price, we will credit you the difference.
What are the fees?
The brokerage fee is €9.90 per transaction. You will also have to pay a quarterly custody fee according to the number of days you maintain the warrant in the portfolio. You can consult the fees in our fee schedule.
What other products can I buy?
- Turbos: have a barrier; if the stock hits the barrier, it causes the product to expire automatically with a value of 0.
- Multis: follow the evolution of indices, with daily and constant leveraging between 3 and 10 times.
- Bonus cap: whether the underlying asset goes up or down, this type of warrant guarantees a final sale price (bonus level) on a certain date. The only condition is that they do not drop down to hit the barrier, in which case you would pay the value of the underlying asset (at most the bonus level).
Do you require more information?
We make it simple. Call us on (+34) 91 177 33 16 and our team of investment specialists will be glad to help with whatever you need (Mon - Fri, 8 a.m. - 10 p.m.).
We make it simple. Give us a call on 91 117 33 16 or 900 10 29 38 and our team of investment specialists will be happy to help (Mon-Fri 8 a.m. to 8 p.m.).
Find us on:
