《高盛認股證牛熊證》吉利、小米逆市跌看好留意熱門條款吉利購18909低街貨小米購19802
正股表現:近日發盈警的吉利(0175),昨日逆市跌約1.5%。今早低開約0.2%後跌幅擴大,現報11.66元,跌約1.4%。
小米(1810)昨日亦逆市跌約1%,今早則高開約2%後升幅收窄,現時見下跌,報9.48,跌約0.1%。有券商指小米回購股份及股份禁售期結束有助支持股價表現,及看好小米後市表現。該行維持「買入」投資評級,目標價13元。
資金流向:觀察個股認股證資金流向,截至本週三的8個交易日皆錄得資金流入吉利認購證,合共約1,460萬元。昨日則見少量資金流出,有約20萬元。小米方面,則見過去5個交易日皆錄得資金流入認購證,合共約670萬元。
輪證選擇:觀察近日市場上的吉利認購證,可見市場關注行使價在13.2元附近,十一月到期的產品。投資者如計劃趁低吸納認購證,可留意當中槓桿較突出的吉利購18909。貼價的選擇可留意價外幅度約7%,年期超過6個月,今日新上市的吉利購20926。
吉利購18909,行使價13.2元,2019年11月26日到期,實際槓桿5.4倍 ,熱門條款產品中,槓桿最高
吉利購20926,行使價12.5元,2020年01月29日到期,實際槓桿3.4倍,新上市貼價認購證
投資者如看好小米,較高槓桿的選擇可留意價外幅度約12%,年期約5個月的低街貨小米購19802。貼價的選擇則可留意價外幅度不足1%,年期約6個月的小米購18955。
小米購19802,行使價10.68元,2019年11月27日到期,實際槓桿6.4倍,中年期兼低街貨、類近條款產品中,槓桿最高
小米購18955,行使價9.51元,2019年12月24日到期,實際槓桿5.1倍,中年期兼貼價
高盛吉利及小米認股證條款:
吉利 購 18909 / 行使價 13.2元 / 到期日 2019年11月26日 / 實際槓桿5.4倍
吉利 購 20926 / 行使價 12.5元 / 到期日 2020年01月29日 / 實際槓桿3.4倍
小米 購 19802 / 行使價 10.68元 / 到期日 2019年11月27日 / 實際槓桿6.4倍
小米 購 18955 / 行使價 9.51元 / 到期日 2019年12月24日 / 實際槓桿5.1倍
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