《高盛認股證牛熊證》瑞聲兩日內急挫一成半 搏反彈宜選貼價選擇 留意貼價購20748
正股表現:日前發盈警的瑞聲(2018),昨日急挫約12.7%,今早繼續下跌。早上低開約0.5%後跌幅擴大,最低見26.45元,繼昨日再創9年新低。現報26.6元,跌約4.8%。瑞聲公布,由於年內沒有類似2020年度的特殊匯兌收益以及2021年度政府補貼減少,料去年第四季純利介乎1.59億至2.19億元人民幣,按年跌71%至79%。
此外,另一手機設備股舜宇(2382)今日也相對走弱,現報208元,跌約3.8%。
資金流向:觀察個股輪證資金流向,可見昨日資金趁低積極部署瑞聲認購證,錄得約830萬元資金流入,為昨日最多資金流入的認購證相關資產。
產品選擇:由於瑞聲昨日至今累計已跌逾15%,投資者如部署反彈,宜重新審視產品條款,建議選擇貼價產品以控風險。進而觀察市場上的認購證,可見最貼價產品的行使價為30元,投資者可留意當中街貨較低的瑞聲購20748。價外的進取選擇可留意年期約3個月的瑞聲購19992。
瑞聲購20748,行使價30元,2022年11月01日到期,實際槓桿3.4倍,市場上最貼價條款認購證之一、低街貨
瑞聲購19992,行使價35.93元,2022年04月26日到期,實際槓8.3倍,價外、進取選擇
舜宇方面,由於今日亦相對走弱,建議在部署時繼續採用三部曲篩選產品。認購證方面可留意年期約3個月,屬貼價的低街貨舜光購28432。牛證方面可留意屬遠牛的舜光牛64052。認沽證方面可留意年期約5個月,屬貼價的低街貨舜光沽20651。熊證方面可留意屬遠熊的舜光熊55624。
舜光購28432,行使價238.38元,2022年04月14日到期,實際槓7.2倍,貼價、低街貨
舜光牛64052,收回價190元,行使價186元,換股比率500,槓桿比率8.5倍,相近收回價遠牛中槓桿最高
舜光沽20651,行使價198.8元,2022年06月22日到期,實際槓3.6倍,貼價、低街貨
舜光熊55624,收回價260元,行使價264元,換股比率500,槓桿比率3.7倍,近50元收回距離遠熊
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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