- The Floored structure provides participation in the upside of the underlying asset up to a designated cap. Generally, the upside participation rate is 100% of the underlying gain over the outcome period. The downside is “floored” meaning that the structure will not participate in any of the downside of the underlying asset.
- Directional Bias: Bullish
- Upside: Capped
- Downside: Floored
- Upside Participation: 100% (up to cap)
- Downside Participation: None
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