On January 4 the turbo put identified as SW57V, which was linked to ArcelorMittal shares, was officially deactivated. The instrument now offers a reimbursement value of just €0.14 per unit, translating into an 89 % decline for investors who followed the recommendation.
This abrupt change underscores the high‑risk nature of turbo products, which can deliver rapid gains but also swift, substantial losses when market conditions shift. Traders should always assess the underlying volatility and have clear exit strategies when dealing with leveraged derivatives.
For anyone holding the SW57V turbo put, the current situation means a near‑total erosion of capital. It serves as a reminder to monitor such positions closely and to diversify risk across a broader portfolio.