《高盛认股证牛熊证》小米、阿里巴巴齐回吐 留意少数高敏感度小米牛50395,贴价阿里购19825
小米(1810)
正股表现:小米昨日曾创一年新高见14元,收市升约8.9%。今早则回落,现报13.36元,跌约3.9%。小米国际部总裁周受资日前受访,表示公司将以西欧国家订为今年市场发展重心。并将在今年於中国发布超过10款5G手机。
资金流向:观察个股牛熊证资金流向,可见昨日资金转向部署牛证,录得约1,920万元资金流入,为昨日最多资金流入的个股相关资产。
产品选择:观察市场上的牛证,可见目前大部分的产品价格高於0.25元。因此投资者如计划部署牛证,可留意少数面值低於0.25元,敏感度较高的小米牛50395,收回价与现价有约1.6元差距。
小米牛50395,收回价11.78元,行使价11.38元,换股比率10,杠杆比率6.2倍,少数面值低於0.25元、敏感度较高牛证
投资者如计划部署认购证,可留意年期约8个月的贴价小米购19968。
小米购19968,行使价12.9元,2020年09月23日到期,实际杠杆4.3倍,贴价
阿里巴巴(9988)
正股表现:阿里巴巴昨日反弹升约1.2%,惟今日再度回落,现报215.6元,跌约1.3%。有报导引述消息,指阿里巴巴旗下《蚂蚁金服》将以非公开方式发售股票。蚂蚁金服2018年一次融资中取得的估值为1,50万亿美元,现今估值提高33%至2,000亿美元。
资金流向:观察个股认股证资金流向,可见近日资金倾向部署认购证,本周二及本周三共录得约570万元资金流入。
产品选择:观察市场上的认购证,可见240元附近行使价的产品已累积高街货。因此投资者如计划部署认购证,可考虑以贴价、低街货,及敏感度高的产品作部署,例如价外幅度约5%,年期约4个月的阿里购19825。
阿里购19825,行使价226.19元,2020年05月27日到期,实际杠杆8.4倍,贴价、低街货、敏感度高
此外,近日市场交投最活跃的条款是行使价在250元附近、六月份到期的认购证。投资者可留意当中杠杆最突出的阿里购20632。
阿里购20632,行使价250.2元,2020年06月24日到期,实际杠杆9.2倍,热门条款产品中,杠杆最高高盛其他产品条款:
阿里购17966,行使价223.98元,2020年09月23日到期,实际杠杆5.8倍
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