Can someone explain what kind of derivative the following product is? I understand stocks, calls, puts and the various combinations of calls/puts. It looks like a simple call, but only small pieces of it (very low price). But it mus be more, or why would the bank create such a product? Thanks.
[https://derinet.vontobel.ch/api/kid?isin=DE000VC48TY6&language=en](https://derinet.vontobel.ch/api/kid?isin=DE000VC48TY6&language=en)