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Non-collateralized Nature of Structured Products
The Warrants Calculator enables you to calculate the theoretical value of a warrant and to learn how different factors affect the theoretical value of a warrant. All factors that may affect the actual price of a warrant may not be included in the model. The warrant calculator assumes the warrant is European Style only.
The Warrants Calculator is only intended for the purposes of education and reference and do not constitute an offer, a solicitation of an offer, or any advice or recommendation to conclude or participate in any transaction, or provide any investment advice or service.
| Underlying Price | Implied Volatility | ||||
|---|---|---|---|---|---|
| 27.00% | 28.50% | 30.00% | 31.50% | 33.00% | |
| 39.80 | 0.337 | 0.344 | 0.350 | 0.357 | 0.365 |
| 39.85 | 0.341 | 0.348 | 0.354 | 0.361 | 0.369 |
| 39.90 | 0.345 | 0.352 | 0.359 | 0.365 | 0.373 |
| 39.95 | 0.350 | 0.356 | 0.363 | 0.370 | 0.377 |
| 40.00 | 0.354 | 0.360 | 0.367 | 0.374 | 0.381 |
| 40.05 | 0.358 | 0.364 | 0.371 | 0.378 | 0.385 |
| 40.10 | 0.362 | 0.369 | 0.375 | 0.382 | 0.389 |
| 40.15 | 0.367 | 0.373 | 0.379 | 0.386 | 0.393 |
| 40.20 | 0.371 | 0.377 | 0.383 | 0.390 | 0.397 |
| 40.25 | 0.375 | 0.381 | 0.387 | 0.394 | 0.401 |
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