Market Notice

  • The financial instrument was knocked out. Please comply with the regulations in the sales prospectus.

  • The security Open-End Turbo Bear auf Strategy Inc. with ISIN DE000GW8CDK7 is currently suspended from trading. Please note that existing orders in this security have been cancelled. Orders can be placed again once trading is resumed.

Strategy Inc./KO/Put [endlos]/GOLDS

Product class

Without Stop-Loss - Open-End

Last exchange day

Open End

Performance (1M)

-

Basis price

100.3634 [USD]

Knock-Out barrier

100.3634 [USD]

Leverage

-

Multiplier

0.10

Distance to KO barrier absolute

-1.59 USD

Distance to KO barrier in %

-1.56 %

Agio p.a. in %

-

Factor

-

Strategy Inc. ISIN: US5949724083
89.32 / 89.45 | 3.73 (4.358%)Bid/Ask| Change

Trade further knock-out products for Strategy Inc Class A without exchange fees.

Facts & figures

Price data

TRADE PLATFORMBörse Stuttgart (XSTU)
LAST PRICE0.22 G0 Units
PRICE DETERMINATION TIME07/20/2026 / 05:59:23 PM
DAILY VOLUME (UNITS)0
DAILY HIGH / LOW0.660.22
PREV. DAY'S PRICE0.76 (07/17)
CHANGE DAY BEFORE
-0.54
-71.05 %
52 WEEK HIGH / LOW (-) (-)

Indicators

TIME OF CALCULATION
01:08:33 AM (07/22/2026)
AGIO P.A. IN %
-
LEVERAGE
-
DISTANCE TO KNOCK-OUT BARRIER ABSOLUTE
-1.59 USD
DISTANCE TO KNOCK-OUT BARRIER IN %
-1.56 %

Master Data

WKN
GW8CDK
ISIN
DE000GW8CDK7
SYMBOL
-
EXCHANGE SEGMENT
Freiverkehr
TYPE OF FINANCIAL INSTRUMENT
Leverage Product
PRODUCT CLASS
Without Stop-Loss - Open-End
PRODUCT NAME
Open-End Turbo Bear auf Strategy Inc.
ISSUER
Goldman Sachs Bank Europe SE
TRADING SEGMENT
EUWAX
OPTION TYPE
put
UNDERLYING
STRATEGY INC COM USD0.001 CLASS A
BASIS PRICE
100.3634 [USD]
KNOCKOUT BARRIER
100.3634 [USD]
KNOCKIN LEVEL
- [-]
FACTOR
-
RANGE
- - -
MULTIPLIER
0.10
EXERCISE TYPE
American
TRADING CURRENCY
Euro
NOMINAL CURRENCY
EUR
SETTLEMENT CURRENCY
Euro
SMALLEST TRADABLE UNIT
1.00
MINIMUM QUOTATION EUR
3,000.00
MINIMUM QUOTATION UNITS
10,000.00
LAST VALUATION DAY
Open End
PAYMENT DATE
-
FIRST EXCHANGE DAY
16/07/2026
LAST EXCHANGE DAY
Open End
TRADING HOURS
09:00:00 AM - 10:00:00 PM
QUOTATION
fortlaufende Auktion
ISSUE VOLUME
10,000,000
ROLLING
No
QUANTO
No

Underlying

WKN722713
ISIN
US5949724083
SYMBOL
MIGA
NOMINAL CURRENCY
Euro
TYPE OF UNDERLYING
Equity
COUNTRY OF THE HOME STOCK EXCHANGE
Germany

Issuer

NAME
Goldman Sachs Bank Europe SE
ADDRESS
Goldman Sachs Bank Europe SE Marienturm Taunusanlage 9-10 60329 Frankfurt
EMAIL ADDRESS
warrants@gs.com
SERVICE PHONE NUMBER
069 75321000
URLhttp://www.gs.de
DOCUMENTSPRIIP / KID (english)PDF icon

Product Description

This open-ended (put) knock-out warrant is linked to Strategy Inc., the underlying instrument, and has an unlimited term. This is a leveraged product, where the investor participates disproportionately in the positive and negative performance of the underlying. The product features a knock-out threshold of USD 100.3634. If the underlying breaches the knock-out threshold during the term, the product will be knocked out, expiring worthless. The investor has the right to exercise throughout the term of the warrant. Upon exercise, the redemption amount is calculated as the difference between the strike price of USD 100.3634 and the price of the underlying, adjusted for the multiplier of 0.10. The issuer has the right to terminate the warrant, subject to a specific notice period.