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20.069201 EUR
0.7962
4.13%
Last update Oct 24, 5:00 PM CEST
Market closed
Day range
20
21.60000
Previous close
19.27300
Open
21.35000
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Leverage Shares 3x Tesla ETP
20.07
0.80
4.13%

Overview

Description

Leverage Shares 3x Tesla ETP is an exchange-traded product designed to provide investors with leveraged exposure to Tesla Inc.'s stock performance. The primary function of this financial instrument is to amplify the returns of Tesla's stock movements by a factor of three, on a daily basis. This ETP is particularly suited for investors who wish to capitalize on short-term price movements in Tesla shares with a higher risk-reward profile. The ETP is structured to offer exposure to Tesla's movements, and it is important to note that it achieves this by utilizing derivatives, such as swaps, which carry their own sets of risks and costs. It intensely impacts sectors related to electric vehicles, clean energy, and technology, as Tesla is a leading company in these areas. In the broader market context, Leverage Shares 3x Tesla ETP allows for sophisticated trading strategies and portfolio diversification, appealing to traders who understand the risks associated with leveraged products. It significantly enhances market efficiency by allowing these market participants to act on their high-conviction strategies within the dynamic electric vehicle industry landscape.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Netherlands
MIC code
XAMS
Market closed

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Trading Hours (Monday - Friday):

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