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《高盛认股证牛熊证》部署美团下周初业绩 留意活跃条款购21474、贴价高杠杆沽13597
阿思达克 03-27 13:02
美团(3690)

正股表现:美团昨日守稳在90元水平,收市跌约0.7%。今早则反弹,现报90.25元,升约0.1%。美团将於下周一公布去年第四季业绩,有券商预期整体收入可达280亿元人民币,按年升42%,经调整溢利则牵达8.69亿元人民币。该行给予「跑赢大市」评级,目标价132元。

资金流向:观察个股认股证资金流向,可见近期资金倾向部署认沽证,过去5个交易日皆录得资金流入,合共约990万元,为同期第二多资金流入的个股认股证相关资产,仅次腾讯认沽证。

产品选择:投资者如看好,认购证方面可留意价外幅度约14%,年期约4个月,属低街货及高杠杆的美团购21474。投资者如计划部署牛证,可留意面值低於0.25元,属高敏感度的美团牛61782,收回价与现价有约14元差距。

美团购21474,行使价102.9元,2020年07月27日到期,实际杠杆6.6倍,低街货、高杠杆

美团牛61782,收回价76.08元,行使价73.08元,换股比率100,杠杆比率4.9倍,面值低於0.25元、高敏感度

相反,投资者如看淡,高杠杆的选择可留意价外幅度约5%,年期约2个月的美团沽13597。贴价的选择可留意价外幅度不足2%,年期约6个月的美团沽22775。

美团沽13597,行使价85.83元,2020年05月22日到期,实际杠杆6.1倍,高杠杆

美团沽22775,行使价88.83元,2020年09月25日到期,实际杠杆3.4倍,贴价、中年期

腾讯(0700)

正股表现:腾讯昨日逆市升约0.5%。今早开市高见390元後升幅收窄,现报383.4元,升约0.4%,暂时为连续第四日上升,累计至今升约10.7%。

资金流向:近期部署腾讯轮证的资金仍以淡仓为主,当中过去3个交易日共录得超过7,000万元流入认沽证及熊证,为除了恒指外,最多资金流入的轮证相关资产。

产品选择:投资者如看淡,熊证方面可留意腾讯熊53677,收回价与现价有约16.5元差距。投资者如计划部署认沽证,可考虑以行使价350至395元作为筛选产品的条件。并可留意当中中年期产品中,杠杆较突出的腾讯沽18727。贴价的选择则可留意价外幅度约5%,年期约3个月的腾讯沽22406。

腾讯熊53677,收回价400元,行使价402.5元,换股比率100,杠杆比率19.4倍,相近收回价熊证中杠杆较高

腾讯沽18727,行使价350.68元,2020年06月22日到期,实际杠杆7.3倍,行使价350至395元间、中年期产品中,高杠杆

腾讯沽22406,行使价364.8元,2020年06月23日到期,实际杠杆7.2倍,贴价、高杠杆

投资者如计划部署牛证,可留意属市场上最贴价、杠杆最高的腾讯牛61768,收回价与现价有约25元差距。

腾讯牛61768,收回价358.18元,行使价355.68元,换股比率100,杠杆比率12.4倍,市场上最贴价、杠杆最高牛证

注: 以上数据资料来自高盛认股证牛熊证网站~

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