I understand how knock in barriers work. But what do geared put in a structured note mean? My understanding is in a geared put vs a regular knock in barrier, the loss for the investor is higher if the barrier is breached as the gearing quotient comes into play. So for example @ a 50% barrier, in a geared put option, the investor loss would double in case of a barrier breach? Can someone confirm this?
Does a barrier breach in a geared put structured note result in greater losses for the investor vs a plain knock in barrier?
Girish
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