《高盛認股證牛熊證》美團再逆市升近2% 留意高槓桿沽11188、貼價沽11701;少數低面值購11190
正股表現:美團(3690)成為近期市場焦點,昨日跌約2.6%。今日則早段低見133.6元後反彈,現報137.5元,升約1.6%,跑贏大市。美團今年首季業績轉盈為虧,但仍好過市場預期。有券商及後上調對美團的目標價,最高見165元,及普遍給予看好投資評級。
資金流向:觀察個股認股證資金流向,可見昨日認購證獲資金轉向部署,錄得約950萬元資金流入。而認沽證則於過去5個交易日共錄得約2,500萬元資金流入,為同期第二多資金流入的個股相關資產。
產品選擇:投資者如看好,認購證方面可留意價外幅度約11%,年期約8個月的美團購11190,為市場少數面值低於0.25元的價外條款選擇。投資者如計劃部署牛證,現階段可留意美團牛58601,收回價與現價有約14.3元差距。
美團購11190,行使價152.98元,2020年12月23日到期,實際槓桿5.3倍,市場少數面值低於0.25元價外認購證
美團牛58601,收回價123.18元,行使價120.18元,換股比率100,槓桿比率7.3倍,相近收回價牛證中槓桿最高
相反,投資者如看淡,認沽證方面可留意年期約6個月的低面值美團沽11188。貼價的選擇則可留意年期約6個月的美團沽11701。投資者如計劃部署熊證,可留意美團熊57645,收回價與現價有約5%差距。
美團沽11188,行使價105.88元,2020年11月23日到期,實際槓桿4.6倍,低面值、高槓桿
美團沽11701,行使價115.88元,2020年11月27日到期,實際槓桿3.9倍,貼價、中件期
美團熊57645,收回價143.8元,行使價146.8元,換股比率100,槓桿比率16.1倍,相近收回價熊證中槓桿最高
註: 以上數據資料來自高盛認股證牛熊證網站~
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