《高盛認股證牛熊證》小米迫近一年新低 資金趁低吸納 留意貼價購27601、高槓桿購26730
正股表現:小米(1810)於上週四跌約3%,今早繼續下跌。早上低開約1.6%後跌幅擴大,最低見20.5元,為近一年低位。現報20.65元,跌約3.3%,落後大市。
據小米報表披露,小米上週四於聯交所再回購460萬股,涉資約9,818萬元。而本年至今,小米共回購1.16億股。小米香港及澳門地區業務總監鄭景鴻透露,小米香港區業務今年第二季整體收入表現按季增長約30%。
資金流向:觀察個股輪證資金流向,可見好倉於上週四獲資金轉向流入,當中認購證錄得約180萬元資金流入。牛證則錄得約120萬元資金流入,並集中在20.5至21元,及18至18.5元收回區域的遠牛。
淡倉方面,則見認沽證於上週三錄得約30萬元資金流入後,上週四獲資金轉向沽出。上週四流入熊證的資金集中在至23.5以下收回價的產品。
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個月的小米購27601。高槓桿選擇可留意年期約5個月的低面值小米購26730。價外選擇可留意年期約5個月的低街貨小米購25722。
小米購27601,行使價22元,2022年02月04日到期,實際槓桿6.5倍,貼價
小米購26730,行使價25.55元,2022年02月17日到期,實際槓桿6.9倍,高槓桿、低面值
小米購25722,行使價25.55元,2022年02月18日到期,實際槓桿7.1倍,價外、低街貨
牛證方面,近牛選擇可留意小米牛68266,與現價有約1.7元收回距離。遠牛選擇可留意小米牛59869,與現價有約2.7元收回距離。
小米牛68266,收回價19元,行使價18.6元,換股比率50,槓桿比率9.9倍,相近收回價近牛中槓桿最高
小米牛59869,收回價18元,行使價18.6元,換股比率50,槓桿比率6.6倍,相近收回價遠牛中街貨較低
投資者如看淡,認沽證方面可留意年期約3個月,屬貼價的低街貨小米沽25514。熊證方面可留意屬近熊的小米熊53616,與現價有約3.4元收回距離。
小米沽25514,行使價22元,2021年12月24日到期,實際槓桿4.5倍,貼價、低街貨
小米熊53616,收回價24元,行使價24.4元,換股比率50,槓桿比率5.4倍,相近收回價近熊中槓桿最高
註: 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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