European traders are reportedly wagering that Facebook's stock slide will continue. So-called put warrants, whose buyers benefit if share prices drop below a pre-determined level, have been the most actively traded structured products related to Facebook since the company's IPO last week. A handful of banks are aggressively pursuing the put warrants. For instance, Swizterland's Bank Vontobel's most popular Facebook-related product is a put warrant that will benefit investors if Facebook's shares are below $22 -- the so-called strike price -- in December.
Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/1fac6ae2/l/0L0Stechnewsworld0N0Crsstory0C7520A50Bhtml/story01.htm
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