Reverse Convertible Inventory
To view our inventory click on the link below. The inventory is sorted accord to its maturity date. Typical reverse convertible notes will have an expiration of 3, 6 or 12 months from the issue date. We also have an extensive inventory of secondary revertibles. The secondary market changes so frequently in supply and pricing that you need to call us to discuss what is currently available.
We use a number of issuers to provide our clients with the best available options.
How to read our inventory
Underlying Asset:
The company the reverse convertible is based on.
Ticker:
The letters representing the underlying asset on an exchange.
Issuer:
The financial institution underwriting the reverse convertible.
Down Side Protection:
The amount the underlying asset can decrease from the initial price. An additional decrease would cause the return of the underlying assets shares rather than your principle.
Coupon:
The annual percentage rate paid regardless of return of stock or principal on the reverse convertible bond.
Trade Date:
The date on which the reverse convertible’s initial price occurs.
Issue date:
The date the reverse convertible bond is issued.
Valuation Date:
The date when your return of principal or shares of stock is determined.
Maturity Date:
The date when your principal or shares of stock are delivered to your account.
Initial Price:
The market price of the underlying security on the Trade Date.
