{"id":8997,"date":"2025-07-21T10:37:03","date_gmt":"2025-07-21T08:37:03","guid":{"rendered":"https:\/\/ariva.ag\/glossary\/optionsschein\/"},"modified":"2025-07-21T10:37:03","modified_gmt":"2025-07-21T08:37:03","slug":"optionsschein","status":"publish","type":"glossary","link":"https:\/\/ariva.ag\/en\/glossary\/optionsschein\/","title":{"rendered":"Optionsschein"},"content":{"rendered":"<p>&ldquo;Ein Wertp<span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span>er, das das Recht, nicht aber die Verpflichtung ver<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">brief<\/span>t, eine bestimmte Menge eines zugrunde liegenden Gegenstands oder <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Basiswert<\/span>es zu einem bestimmten Preis zu kaufen (Call) oder zu verkaufen (Put). Es gibt zwei Arten von <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span>sscheinen.  <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span>sscheine aus <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span>sanleihe<\/span>n (traditionelle <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span>sscheine) und sog. <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Naked Warrants<\/span>. Traditionelle <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span>sscheine werden in Verbindung mit der Emission einer <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span>sanleihe<\/span> begeben, ver<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">brief<\/span>en aber selbstst&#xE4;ndige Rechte. Der <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Emittent<\/span> des <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span>sscheins ist gleichzeitig der <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Emittent<\/span> des <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Basiswert<\/span>es. Traditionelle <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span>sscheine werden an einer <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">B&#xF6;rse<\/span> gehandelt und k&#xF6;nnen amtlich notieren. <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Naked Warrants<\/span> sind <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span>sscheine, die ohne gleichzeitige Emission einer <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span>sanleihe<\/span> vor allem von Banken und Wertp<span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span>erhandelsh&auml;usern begeben werden. Diese m&uuml;ssen nicht <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Emittent<\/span> des <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Basiswert<\/span>es sein. <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Naked Warrants<\/span> sind die am h&#xE4;ufigsten verwendete <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span>sscheinform. Rechtlich handelt es sich dabei um ver<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">brief<\/span>te Schuldverschreibungen. Investoren verwenden sie meist, um bestimmte Handelsstrategien umzusetzen, seltener als <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>Abs<\/span>icherung<\/span>sinstrument.&#x201D;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#x201C;Ein Wertp<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>api<\/span><\/span>er, das das Recht, nicht aber die Verpflichtung ver<span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">brief<\/span><\/span>t, eine bestimmte Menge eines zugrunde liegenden Gegenstands oder <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Basiswert<\/span><\/span>es zu einem bestimmten Preis zu kaufen (Call) oder zu verkaufen (Put). Es gibt zwei Arten von <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span><\/span>sscheinen. <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span><\/span>sscheine aus <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span><\/span>sanleihe<\/span>n (traditionelle <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span><\/span>sscheine) und sog. <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Naked Warrants<\/span><\/span>. Traditionelle <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span><\/span>sscheine werden in Verbindung mit der Emission einer <span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\"><span class=\"\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Option<\/span><\/span>sanleihe<\/span> [&#x2026;]<\/p>\n","protected":false},"author":7,"featured_media":0,"menu_order":0,"template":"","meta":{"content-type":"","footnotes":""},"glossary-categories":[],"glossary-tags":[],"class_list":["post-8997","glossary","type-glossary","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Optionsschein - ARIVA: Finanzdaten sind unser Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ariva.ag\/en\/glossary\/optionsschein\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:locale:alternate\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Optionsschein\" \/>\n<meta property=\"og:description\" content=\"&ldquo;Ein Wertpapier, das das Recht, nicht aber die Verpflichtung verbrieft, eine bestimmte Menge eines zugrunde liegenden Gegenstands oder Basiswertes zu einem bestimmten Preis zu kaufen (Call) oder zu verkaufen (Put). Es gibt zwei Arten von Optionsscheinen. Optionsscheine aus Optionsanleihen (traditionelle Optionsscheine) und sog. Naked Warrants. Traditionelle Optionsscheine werden in Verbindung mit der Emission einer Optionsanleihe [&#x2026;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ariva.ag\/en\/glossary\/optionsschein\/\" \/>\n<meta property=\"og:site_name\" content=\"ARIVA: Finanzdaten sind unser Business\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ariva.ag\\\/en\\\/glossary\\\/optionsschein\\\/\",\"url\":\"https:\\\/\\\/ariva.ag\\\/en\\\/glossary\\\/optionsschein\\\/\",\"name\":\"Optionsschein - ARIVA: Finanzdaten sind unser Business\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ariva.ag\\\/#website\"},\"datePublished\":\"2025-07-21T08:37:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ariva.ag\\\/en\\\/glossary\\\/optionsschein\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ariva.ag\\\/en\\\/glossary\\\/optionsschein\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ariva.ag\\\/en\\\/glossary\\\/optionsschein\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\\\/\\\/ariva.ag\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Optionsschein\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ariva.ag\\\/#website\",\"url\":\"https:\\\/\\\/ariva.ag\\\/\",\"name\":\"ARIVA.AG\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/ariva.ag\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ariva.ag\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ariva.ag\\\/#organization\",\"name\":\"ARIVA: Finanzdaten sind unser Business\",\"url\":\"https:\\\/\\\/ariva.ag\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/ariva.ag\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ariva.ag\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Ariva-AG-Logo.png\",\"contentUrl\":\"https:\\\/\\\/ariva.ag\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Ariva-AG-Logo.png\",\"width\":295,\"height\":88,\"caption\":\"ARIVA: Finanzdaten sind unser Business\"},\"image\":{\"@id\":\"https:\\\/\\\/ariva.ag\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/de.linkedin.com\\\/company\\\/ariva-de-ag\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Optionsschein - ARIVA: Finanzdaten sind unser Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ariva.ag\/en\/glossary\/optionsschein\/","og_locale":"en_US","og_type":"article","og_title":"Optionsschein","og_description":"&ldquo;Ein Wertpapier, das das Recht, nicht aber die Verpflichtung verbrieft, eine bestimmte Menge eines zugrunde liegenden Gegenstands oder Basiswertes zu einem bestimmten Preis zu kaufen (Call) oder zu verkaufen (Put). Es gibt zwei Arten von Optionsscheinen. Optionsscheine aus Optionsanleihen (traditionelle Optionsscheine) und sog. Naked Warrants. Traditionelle Optionsscheine werden in Verbindung mit der Emission einer Optionsanleihe [&#x2026;]","og_url":"https:\/\/ariva.ag\/en\/glossary\/optionsschein\/","og_site_name":"ARIVA: Finanzdaten sind unser Business","twitter_card":"summary_large_image","twitter_misc":{"Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ariva.ag\/en\/glossary\/optionsschein\/","url":"https:\/\/ariva.ag\/en\/glossary\/optionsschein\/","name":"Optionsschein - ARIVA: Finanzdaten sind unser Business","isPartOf":{"@id":"https:\/\/ariva.ag\/#website"},"datePublished":"2025-07-21T08:37:03+00:00","breadcrumb":{"@id":"https:\/\/ariva.ag\/en\/glossary\/optionsschein\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ariva.ag\/en\/glossary\/optionsschein\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ariva.ag\/en\/glossary\/optionsschein\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/ariva.ag\/"},{"@type":"ListItem","position":2,"name":"Optionsschein"}]},{"@type":"WebSite","@id":"https:\/\/ariva.ag\/#website","url":"https:\/\/ariva.ag\/","name":"ARIVA.AG","description":"","publisher":{"@id":"https:\/\/ariva.ag\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ariva.ag\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/ariva.ag\/#organization","name":"ARIVA: Finanzdaten sind unser Business","url":"https:\/\/ariva.ag\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/ariva.ag\/#\/schema\/logo\/image\/","url":"https:\/\/ariva.ag\/wp-content\/uploads\/2024\/08\/Ariva-AG-Logo.png","contentUrl":"https:\/\/ariva.ag\/wp-content\/uploads\/2024\/08\/Ariva-AG-Logo.png","width":295,"height":88,"caption":"ARIVA: Finanzdaten sind unser Business"},"image":{"@id":"https:\/\/ariva.ag\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/de.linkedin.com\/company\/ariva-de-ag"]}]}},"_links":{"self":[{"href":"https:\/\/ariva.ag\/en\/wp-json\/wp\/v2\/glossary\/8997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ariva.ag\/en\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/ariva.ag\/en\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/ariva.ag\/en\/wp-json\/wp\/v2\/users\/7"}],"version-history":[{"count":0,"href":"https:\/\/ariva.ag\/en\/wp-json\/wp\/v2\/glossary\/8997\/revisions"}],"wp:attachment":[{"href":"https:\/\/ariva.ag\/en\/wp-json\/wp\/v2\/media?parent=8997"}],"wp:term":[{"taxonomy":"glossary-categories","embeddable":true,"href":"https:\/\/ariva.ag\/en\/wp-json\/wp\/v2\/glossary-categories?post=8997"},{"taxonomy":"glossary-tags","embeddable":true,"href":"https:\/\/ariva.ag\/en\/wp-json\/wp\/v2\/glossary-tags?post=8997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}