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《高盛認股證牛熊證》資金轉向留意騰訊、平保淡倉留意貼價騰訊沽16174高槓桿平安沽12416
阿思達克 06-27 10:48

正股表現:騰訊(0700)昨日跌約0.1%,今早開市即重上350元水平,及後升幅擴大,現報353.4元,升約1.3%。有券商預料下一批國產網遊版號最快可在八月發放。

平保(2318)昨日升約0.7%,今早繼續上升,早上高開約0.8%後升幅擴大,現報94.3元,升約1.1%。內地今年首五個月,保險業原保險保費收入達2.185億元人民幣,按年升14.4%。此外,平保於本週二回購1,977.58萬A股,涉資17.21億人民幣。

資金流向:觀察個股認股證資金流向,可見近日資金傾向部署騰訊認購證,本週二及本週三共錄得約2,070萬元資金流入。而認沽證於昨日亦錄得約200萬元資金流入。另一方面,昨日平保認購證及認沽證繼續獲資金沽出,但流出的資金有所減少。當中認購證錄得約70萬元資金流出,認沽證則錄得不足10萬元資金流出。

輪證選擇:投資者如看好騰訊,可留意價外幅度約8%,年期約2個月的騰訊購15049。相反,投資者如看淡,貼價的選擇可留意價外幅度約4%,年期約2個月的騰訊沽16174。此外,近日市場關注行使價在330元附近、九月份到期的認沽證。投資者亦可留意當中槓桿較突出的騰訊沽16680。

騰訊購15049,行使價380.2元,2019年09月02日到期,實際槓桿14.5倍,行使價350元至385元間、兩個月期以上的低街貨產品中,槓桿最高

騰訊沽16174,行使價339.8元,2019年08月27日到期,實際槓桿12.4倍,行使價320元至350元間、兩個月期以上產品中,槓桿最高之一

騰訊沽16680,行使價329.8元,2019年09月25日到期,實際槓桿10.5倍,活躍條款產品中,槓桿最高

投資者如看好平保,可留意價外幅度約13%,年期約4個月的平安購16832。相反,投資者如看淡,現階段可考慮以行使價83元至93元間作篩選認沽證的條件。並可留意當中年期約3個月的平安沽12416。

平安購16832,行使價106.98元,2019年10月24日到期,實際槓桿12.1倍,高槓桿兼低街貨

平安沽12416,行使價83.33元,2019年09月23日到期,實際槓桿13.1倍,行使價83元至93元間產品中,槓桿最高

高盛騰訊及平保認股證條款:

騰訊 購 15049 / 行使價 380.2元 / 到期日 2019年09月02日 / 實際槓桿14.5倍

騰訊 沽 16174 / 行使價 339.8元 / 到期日 2019年08月27日 / 實際槓桿12.4倍

騰訊 沽 16680 / 行使價 329.8元 / 到期日 2019年09月25日 / 實際槓桿10.5倍

平安 購 16832 / 行使價 106.98元 / 到期日 2019年10月24日 / 實際槓桿12.1倍

平安 沽 12416 / 行使價 83.33元 / 到期日 2019年09月23日 / 實際槓桿13.1倍

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