《瑞银窝轮》阿里股价逆市升 两手准备Call 18434、Put 17823
港股2020年红盘高开，本来升势有机会持续到第二个交易日，恒指周五高开约300点，但美军空袭伊拉克首都巴格达，市场避险情绪涌现，恒指高位急速回落，失守28500点，大型股份不少受到拖累，近日的新股王阿里巴巴(9988)早段时间创出在港上市後的高位，虽然之後受拖累回落，但全日仍得以报升。如投资者看好阿里，可留意近日新上市的阿里巴巴认购18434，行使价226.19港元，20年5月到期，有效杠杆约7.4倍。不过根据瑞银於星期五的即市资金流纪录，资金流出阿里巴巴的认购证并流入认沽证，反映投资者或看淡阿里巴巴短线的走势，始终阿里上市後累积升2成，不少投资者认为股价或有回吐压力。如投资者看淡阿里，可留意阿里巴巴认沽17823，行使价195港元，20年7月到期，有效杠杆约5.6倍。
另外如上文所提及，美国和中东政治局势不稳，周五早上金价、油价都出现急升，当中现货金更一口气升穿1530美元以及1540美元两个大关，至港股收市时仍继续向上。事实上金价近月走强，12初在1450美元附近起步，已累积升超过6%。受惠美元由高位回落，加上传统上11月至1月为印度节庆及嫁娶高峰期，为黄金的价格添上动力，而刚巧美伊关系紧张，亦成为进一步推动黄金上升的原因。追踪黄金价格的SPDR 黄金ETF (2840)周五亦升15港元，如投资者看好S金，可留意SPDR金ETF认购11676，行使价1188港元，20年4月到期，有效杠杆约13倍。
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