《高盛認股證牛熊證》輪證資金趁落後撈小米趁高沽騰訊 留意高槓桿小米購20217、貼價騰訊沽22072
正股表現:騰訊(0700)今早逆市上升,最高見402.6元,再度突破一個月高位。現報400.4元,升約1.4%。而今年初至今,騰訊表現跑贏大市,累計升約7%,而恆指同期則累計跌約15%。
另一方面,小米(1810) 昨日受回購消息帶動逆市上升,收市升約2.9%。今早則下跌,現報10.42元,跌約0.6%。但事實上,小米由上月起表現明顯落後大市,累計至今跌約17%。
資金流向:觀察個股輪證資金流向,可以很明顯看出投資者在應對個股的高低表現時,如何選擇相關的產品作部署的方向。例如近期資金追捧騰訊淡倉(認沽證及熊證)及小米好倉(認購證及牛證),過去5個交易日分別共錄得約4,500萬及3,300萬元資金流入,皆為同期最多資金流入的相關資產。
產品選擇:投資者如看淡騰訊,可考慮以行使價360至400元作為篩選認沽證的條件。貼價的選擇可留意價外幅度約5%,年期約2個月的騰訊沽22072。高槓桿的選擇則可留意以上行使價區域的產品中,槓桿最突出的騰訊沽22406。
騰訊沽22072,行使價379.8元,2020年06月29日到期,實際槓桿10.3倍,貼價、高槓桿
騰訊沽22406,行使價364.8元,2020年06月23日到期,實際槓桿11.1倍,行使價360至400元間產品中,槓桿最高
投資者如看好小米,高槓桿的選擇可留意屬行使價11至12元間的認購證中,槓桿最突出的小米購20217。貼價的選擇則可留意價外幅度約5%,年期約3個月的小米購24483。
小米購20217,行使價11.94元,2020年07月24日到期,實際槓桿7.1倍,行使價11至12元間產品中,槓桿最高
小米購24483,行使價10.9元,2020年07月28日到期,實際槓桿6.5倍,貼價、低街貨
註: 以上數據資料來自高盛認股證牛熊證網站~
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