Discussion of a knockout option related to SY, highlighting its sensitivity to SY spot movements and potential for profit if SY rises. The memo emphasizes that the option is significantly overpriced by the market and is intended for professional investors only.
doj/DataSet10/EFTA01451286.pdf
{"key_people":["Nay Gupta","Tazia Smith"],"document_type":"correspondence","key_locations":["London, United Kingdom","New York, NY, USA"],"document_subtype":"memo","key_organizations":["Deutsche Bank AG","Deutsche Asset & Wealth Management","Deutsche Bank Securities Inc"]}