《高盛认股证牛熊证》美团逆市跌 部署反弹留意贴价购21473、高杠杆购21394
正股表现:美团(3690)昨日股价调整,收市跌约0.3%。今早逆市下跌,早段低见99元後跌幅收窄。现报100.9元,跌约1.6%。有券商指美团受新型肺炎疫情影响,过去一个月表现落後大市,但预期美团仍会持续在业务发展上增加投资以支持增长。该行维持「买入」投资评级,目标价121元。
资金流向:观察个股认股证资金流向,可见昨日资金转向部署认购证,录得约180万元资金流入。进而观察港股通资金流向,可见北水追捧美团,录得连续多日资金净买入,当中过去5个交易日共有约14.8亿元。
产品选择:投资者如计划趁机部署好仓,认购证方面的贴价选择可留意9%,年期约4个月的美团购21473。高杠杆的选择则可留意价外幅度约16%,年期约5个月的美团购21394。投资者如计划部署牛证,现阶段可留意美团牛57539,收回价与现价有约8.8元差距。
美团购21473,行使价110.1元,2020年06月26日到期,实际杠杆6.9倍,较贴价、低街货兼高杠杆
美团购21394,行使价117.9元,2020年07月07日到期,实际杠杆7.5倍,行使价100至120元间产品中,低街货兼高杠杆
美团牛57539,收回价92.08元,行使价89.08元,换股比率100,杠杆比率8.3倍,相近收回价牛证中街货较低
相反,投资者如看淡,可留意价外幅度约6%,年期约4个月的贴价美团沽21733,属近期活跃条款产品中,杠杆最突出的选择。
美团沽21733,行使价94.23元,2020年06月22日到期,实际杠杆6.0倍,贴价、活跃条款产品中,杠杆最高
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