Credit Suisse joins the technology trend with Apple straddle

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Credit Suisse files a straddle linked to Apple

Two of the 10 products filed with the US Securities and Exchange Commission (SEC) on March 20 were linked to Apple stock. UBS, which registered two reverse convertibles based on the performance of Apple shares on March 19, is now offering investors an autocallable linked to the technology giant. The other Apple-linked offering is a straddle product from Credit Suisse.

The UBS one-year autocallable offers an early return of 101.34% after 0.96 months and features an 80% downside protection barrier

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