header
Disclaimer:  Even though every effort has been made to ensure this warrant data's accuracy, Standard Bank, or an associated company can not be held responsible for any errors contained herein. Please use the data with caution. We recommend that you contact the issuer for confirmation of key data.
Underlying
Share
Code Knockout
Level
Expiry Type Ratio Effective
Gearing
Jse Top40 Index TOPSKA 76,000 27-Feb-26 European Knockout Call 500 82.89
Jse Top40 Index TOPSKB 77,500 27-Feb-26 European Knockout Call 500 32.72
Jse Top40 Index TOPSKC 79,500 27-Feb-26 European Knockout Call 500 23.13
Jse Top40 Index TOPSKD 69,000 06-Jun-25 European Knockout Call 500 5.25
Jse Top40 Index TOPSKE 79,500 30-Apr-26 European Knockout Call 500 11.53
Jse Top40 Index TOPSKF 78,000 30-Apr-26 European Knockout Call 500 9.19
Jse Top40 Index TOPSKP 84,500 27-Feb-26 European Knockout Put 500 66.09
Jse Top40 Index TOPSKQ 86,500 27-Feb-26 European Knockout Put 500 30.73
Jse Top40 Index TOPSKR 88,000 27-Feb-26 European Knockout Put 500 18.98
Jse Top40 Index TOPSKS 87,800 30-Apr-26 European Knockout Put 500 19.52
Jse Top40 Index TOPSKT 86,300 30-Apr-26 European Knockout Put 500 32.83

Before Trading in Knockout! Warrants Please Note The Following:
  • Ensure you understand the product properly, and have experience in trading derivatives.
  • If you are an inexperienced trader don�t trade Knockout! Warrants.
  • Buy Knockout Calls if you are bullish, buy Knockout Puts if you are bearish.
  • Keep in mind that different Knockout! Warrants will have different Knockout Levels.
  • With every investment, one needs to have a time horizon. Don�t buy a Knockout Put listed on an index that you feel might fall in the next 3 months, if the Knockout Put expires in 1 month.
  • Once you have entered the position, keep a close watch of the current index level and your Knockout Level.
  • Manage the Knockout Level. If the index approaches the Knockout level, we recommend you exit that Knockout whilst it still has value.
  • Please note Standard Bank will not be a seller of the Knockout! Warrants close to the Knockout Level.
  • Please note the Knockout Level is set off the spot price of the Top40 Tradeable, but Knockout! Warrants are hedged in the FTSE/JSE Top40 Index Future.
How to Identify a Standard Bank Knockout! Warrant
Knockout