《高盛认股证牛熊证》重新审视条款 恒指焦点Call/牛 少数贴价高杠杆购24570、少数高杠杆贴牛56170
大市走势:恒指今早跟随外围急挫,早上低开1,145点後跌幅收窄,并在21,700至22,000点附近上落。现报21,960点,跌844点。
资金流向:观察恒指认股证资金流向,可见上周资金倾向部署认购证,5个交易日共录得约5,530万元资金流入。
产品选择:由於作为恒指波动性指标的恒指波幅指数(VHSI),今早再度上涨,因此投资者在部署时,宜重新审视产品条款。
投资者如计划部署反弹,贴价的认购证选择可留意年期约6个月的新上市恒指购24570。高杠杆的选择则可留意年期约3个月,并能提供窄买卖差价的恒指购21743。投资者如计划部署牛证,可留意属市场上少数贴价及高杠杆之一的恒指牛56170,收回价与现价有约450点差距。
恒指购24570,行使价24,000点,2020年09月29日到期,实际杠杆5.6倍,新上市、少数贴价、行使价24,000或以下产品中,杠杆最高
恒指购21743,行使价26,300点,2020年06月29日到期,实际杠杆10.1倍,高杠杆、窄买卖差价
恒指牛56170,收回价21,518点,行使价21,418点,换股比率10,000,杠杆比率19.3倍,少数贴价、高杠杆牛证之一
相反,投资者如看淡,可留意属市场上最贴价、杠杆最高的恒指熊56153,收回价与现价有约950点差距。
恒指熊56153,收回价22,905点,行使价23,005点,换股比率10,000,杠杆比率16.9倍,市场上最贴价、杠杆最高熊证
注: 以上数据资料来自高盛认股证牛熊证网站~
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