Absolute Return Notes Linked to the S&P 500® Index

D

Doji7

What do you think guys?
Could be a winner or a losser Trade?

Trade Date: July 1, 2008
Issue Date: July 16, 2008
Final Valuation Date: January 4, 2010
Maturity Date: January 19, 2010

Upper Barrier: 124.11% of the Initial Level
Lower Barrier: 75.89% of the Initial Level
 
What's the trade...?

How much would it cost, or what level would you pay? Is this on the SPTR or cash SP500? Are there multiple resets or just one valuation dates? What is your funding cost?
 
Is a structured product

The risk involved is :
If S&P cash move more than 24% up or 24.11% lower since inception day you win $0 but conserve 100% of your capital

You can gain almost 20% if S&P cash index don't cross the barriers
 
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