《高盛認股證牛熊證》美團創上市新高 留意高槓桿購13913,新上市價外購19444;看淡留意沽13993
正股表現:美團(3690)上週五升約1.1%。今早則低開0.4%後隨即反彈,最高見113.1元,繼上週二後再創上市新高。現報112.9元,升約3%,為連續第三日上升,累計至今升約6.1%。
資金流向:觀察個股認股證資金流向,可見認沽證於上週四及上週五共錄得約100萬元資金流入。進而觀察港股通資金流向,可見上週北水吸納美團,5個交易日共錄得超過11億元資金淨買入。
產品選擇:近期市場留意行使價在120元附近、七月份到期的認購證。投資者如計劃部署認購證,可留意當中槓桿最突出的美團購13913。價外選擇可留意價外幅度約12%的高槓桿美團購14000。以及可留意同屬價外的新上市美團購19444。
美團購13913,行使價120.1元,2020年07月28日到期,實際槓桿5.4倍,熱門條款產品中,槓桿最高
美團購14000,行使價126.8元,2020年08月31日到期,實際槓桿5.3倍,價外高槓桿
美團購19444,行使價131.1元,2020年10月09日到期,實際槓桿4.9倍,新上市價外認購證
投資者如計劃部署牛證,可留意新上市的貼價美團牛58608,收回價與現價有約8.8元差距。
美團牛58608,收回價104.08元,行使價101.08元,換股比率100,槓桿比率9.1倍,新上市貼牛
相反,投資者如看淡,可考慮以行使價98至112元作為篩選認沽證的條件。並可留意當中槓桿最突出之一的美團沽13993。
美團沽13993,行使價98.23元,2020年04月20日到期,實際槓桿8.5倍,行使價98至112元間產品中,槓桿最高之一
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