《高盛認股證牛熊證》阿裏迫近歷史低位 資金趁低吸納 留意貼價購27597、高槓杆購25431,近牛68270
正股表現:阿裏(9988)昨日跌約1.7%,今早繼續下跌。早上低開約2.3%後跌幅擴大,最低見141.3元,與歷史低位不足0.1%差距。現報142.1元,跌約4.2%。
有券商指阿裏2022財年第二財季度是最具挑戰,料收入增長爲29%。旗下客戶管理收入於第二財季增4%,旗下第二財季天貓實體商品成交金額升5%。該行雖下調阿裏目標價至220元,但仍維持「買入」評級。
資金流向:觀察個股輪證資金流向,可見認購證於昨日獲資金轉向趁低吸納,錄得約140萬元資金流入。認沽證則於本週一及本週二共錄得約230萬元資金流入後,昨日獲資金轉向沽出。
牛熊證方面,可見牛證於近期持續獲資金流入,當中昨日有約90萬元,並集中在140至142元收回區域的產品。昨日部署熊證的資金主要沽出,並有部分轉倉至154元以下收回價的貼熊。
產品選擇:投資者如看好,認購證方面的貼價選擇可留意年期約5個月的低街貨阿裏購27597。高槓杆選擇可留意屬行使價140至180元間產品中,槓桿最高的阿裏25431。中期選擇可留意低街貨阿裏購27170。
阿裏購27597,行使價150元,2022年02月21日到期,實際槓桿5.1倍,貼價、低街貨
阿裏購25431,行使價172.98元,2022年02月16日到期,實際槓桿6.5倍,行使價140至180元間產品中,槓桿最高
阿裏購27170,行使價160元,2022年03月21日到期,實際槓桿5.2倍,中期、低街貨
牛證方面,近牛選擇可留意阿裏牛68270,與現價有約17元收回距離。遠牛選擇可留意屬市場上最遠收回價的阿裏牛58702,與現價有約42元收回距離。
阿裏牛68270,收回價125元,行使價123元,換股比率500,槓桿比率7.3倍,相近收回價近牛中槓桿最高
阿裏牛58702,收回價100元,行使價98元,換股比率500,槓桿比率3.2倍,市場上最遠收回價牛證
投資者如看淡,認沽證方面可留意年期約5個月,屬貼價的低街貨阿裏沽25256。熊證方面可留意屬貼熊的新上市阿裏熊53607,與現價有約18元收回距離。
阿裏沽25256,行使價135元,2022年02月25日到期,實際槓桿3.6倍,貼價、低街貨
阿裏熊53607,收回價160元,行使價162元,換股比率500,槓桿比率6.7倍,新上市貼熊
注: 以上數據資料來自高盛認股證牛熊證網站https://www.gswarrants.com.hk/~
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