{"id":1658,"date":"2024-04-30T19:12:54","date_gmt":"2024-04-30T18:12:54","guid":{"rendered":"https:\/\/www.activpatrimonia.fr\/gespat\/?page_id=1658"},"modified":"2024-04-30T19:12:56","modified_gmt":"2024-04-30T18:12:56","slug":"warrant","status":"publish","type":"page","link":"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/warrant\/","title":{"rendered":"Warrant"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/warrant\/#Caracteristiques\" >Caract\u00e9ristiques<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/warrant\/#Synthese_rendement_risque\" >Synth\u00e8se rendement \/ risque<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Caracteristiques\"><\/span>Caract\u00e9ristiques<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Un warrant est une option cot\u00e9e en bourse donnant le droit \u00e0 son porteur d&rsquo;acheter ou de vendre un actif financier (appel\u00e9 sous-jacent) \u00e0 un prix fix\u00e9 \u00e0 l&rsquo;avance et pendant une p\u00e9riode de temps d\u00e9termin\u00e9e.<\/p>\n\n\n\n<p>Ils ont donc une dur\u00e9e de vie limit\u00e9e et requi\u00e8rent plus de r\u00e9activit\u00e9 et un plus grand suivi des march\u00e9s que les actions.<\/p>\n\n\n\n<p>La valeur de ce droit correspond au prix du warrant (appel\u00e9 \u00ab\u00a0prime\u00a0\u00bb).<\/p>\n\n\n\n<p>Il existe 2 cat\u00e9gories de warrant :<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>les call warrants qui permettent d&rsquo;acheter le sous-jacent \u00e0 un prix fix\u00e9 jusqu&rsquo;\u00e0 l&rsquo;\u00e9ch\u00e9ance,<\/li>\n\n\n\n<li>les put warrants qui donnent le droit de vendre le sous-jacent \u00e0 un prix fix\u00e9 jusqu&rsquo;\u00e0 l&rsquo;\u00e9ch\u00e9ance.<\/li>\n<\/ul>\n\n\n\n<p>Le warrant est une valeur mobili\u00e8re n\u00e9gociable. Il peut \u00eatre achet\u00e9 ou vendu \u00e0 tout moment \u00e0 son cours cot\u00e9 en bourse pendant sa dur\u00e9e de vie. En revanche, il est impossible de vendre un warrant \u00e0 d\u00e9couvert, c&rsquo;est-\u00e0-dire sans l&rsquo;avoir achet\u00e9.<\/p>\n\n\n\n<p>Les warrants sont cr\u00e9\u00e9s par les \u00e9tablissements financiers qui les diffusent et en assurent la cotation.<\/p>\n\n\n\n<p>Les warrants sont des produits de sp\u00e9culation risqu\u00e9s en raison notamment de l&rsquo;effet de levier.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Synthese_rendement_risque\"><\/span>Synth\u00e8se rendement \/ risque<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-center\" data-align=\"center\">Liquidit\u00e9<\/th><th class=\"has-text-align-center\" data-align=\"center\">Risque<\/th><th class=\"has-text-align-center\" data-align=\"center\">Esp\u00e9rance de profit<\/th><th class=\"has-text-align-center\" data-align=\"center\">Horizon de placement<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Moyenne<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Fort<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Forte<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Court terme<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>Autres d\u00e9finitions :<\/p>\n\n\n<ul class=\"wp-block-page-list\"><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/fonds-euro\/\">Fonds euro<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/produits-monetaires\/\">Produits mon\u00e9taires<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/produits-obligataires\/\">Produits obligataires<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/produits-actions\/\">Produits actions<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/scpi\/\">SCPI<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/opci\/\">OPCI<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/capital-investissement\/\">Capital investissement<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/produits-structures\/\">Produits structur\u00e9s<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/sofica\/\">SOFICA<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/produits-obligataires-complexes\/\">Produits obligataires complexes<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/produits-actions-non-cotes\/\">Produits actions non cot\u00e9s<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/tracker\/\">Tracker<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/cfd\/\">CFD<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/futures\/\">Futures<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/options\/\">Options<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/warrant\/\">Warrant<\/a><\/li><li class=\"wp-block-pages-list__item\"><a class=\"wp-block-pages-list__item__link\" href=\"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/definition-des-principaux-placements\/turbo\/\">Turbo<\/a><\/li><\/ul>","protected":false},"excerpt":{"rendered":"<p>Caract\u00e9ristiques Un warrant est une option cot\u00e9e en bourse donnant le droit \u00e0 son porteur d&rsquo;acheter ou de vendre un actif financier (appel\u00e9 sous-jacent) \u00e0 un prix fix\u00e9 \u00e0 l&rsquo;avance et pendant une p\u00e9riode de temps d\u00e9termin\u00e9e. Ils ont donc une dur\u00e9e de vie limit\u00e9e et requi\u00e8rent plus de r\u00e9activit\u00e9 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1549,"menu_order":16,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1658","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/wp-json\/wp\/v2\/pages\/1658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/wp-json\/wp\/v2\/comments?post=1658"}],"version-history":[{"count":1,"href":"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/wp-json\/wp\/v2\/pages\/1658\/revisions"}],"predecessor-version":[{"id":1659,"href":"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/wp-json\/wp\/v2\/pages\/1658\/revisions\/1659"}],"up":[{"embeddable":true,"href":"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/wp-json\/wp\/v2\/pages\/1549"}],"wp:attachment":[{"href":"https:\/\/www.activpatrimonia.fr\/gespat\/index.php\/wp-json\/wp\/v2\/media?parent=1658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}