《高盛認股證牛熊證》阿里反彈重上110元 京東4日跌逾10% 留意阿里貼價購23523、貼價沽25190,京東高槓桿購22455
正股表現:阿里(9988)上週五跌至110元水平之下,今早持平開市後急彈,最高見111.9元。現報111.9元,升約4.2%。有券商指阿里早前宣布回購計劃加碼至250億美元,將有助進一步優化資產負債表,更好地協調管理層及股東的利益。該行重申對阿里「買入」評級,目標價180元。
京東(9618)由上週三起連跌,今早逆市繼續下跌。早段低見212元後跌幅收窄,現報225元,跌約1.7%,目前為連續第4日下跌,累計至今跌逾10%。
資金流向:觀察個股輪證資金流向,可見阿里認購證於上週五獲資金轉向流入,有約850萬元。牛熊證方面,上週五流入牛證的資金較集中在90元收回區域的產品。淡倉方面,上週五部署熊證的資金主要沽出,並見流入的資金集中在120元收回區域的產品。
京東方面,近日資金趁低吸納好倉,上週四及上週五共錄得約1,730萬元資金流入。
產品選擇:投資者如看好阿里,牛證方面可留意屬近牛的新上市阿里牛61364,與現價有約12元收回距離。認購證方面的貼價選擇可留意年期約3個月的低街貨阿里購23523。高槓桿選擇可留意年期約2個月的阿里購24242。
阿里牛61364,收回價100元,行使價98元,換股比率100,槓桿比率7.9倍,新上市近牛
阿里購23523,行使價118.28元,2022年07月08日到期,實際槓桿4.7倍,貼價、低街貨
阿里購24242,行使價138.98元,2022年06月27日到期,實際槓桿6.0倍,高槓桿
投資者如看淡,認沽證方面的貼價選擇可留意屬2個月期以上產品中,槓桿最高之一兼開價窄的阿里沽25190。熱門選擇可留意面值較低的阿里沽11181,屬進取的價外選擇。熊證方面可留意屬遠熊的阿里熊67484,與現價有約18元收回距離。
阿里沽25190,行使價98.88元,2022年06月06日到期,實際槓桿4.9倍,貼價、開價窄、2個月期以上產品中,槓桿最高之一
阿里沽11181,行使價92.23元,2022年06月13日到期,實際槓桿4.8倍,熱門、面值較低,進取價外選擇
阿里熊67484,收回價130元,行使價132元,換股比率100,槓桿比率5.5倍,近18元收回距離遠熊
投資者如看好京東,認購證方面可留意年期約3個月,屬高槓桿的低街貨京東購22455。牛證方面可留意屬遠牛的京東牛67039,與現價有約45元收回距離。
京東購22455,行使價309元,2022年06月23日到期,實際槓桿6.0倍,高槓桿、低街貨
京東牛67039,收回價180元,行使價177元,換股比率500,槓桿比率4.5倍,近45元收回距離遠牛
投資者如看淡京東,可留意屬遠熊的京東熊57539,與現價有約55元收回距離。
京東熊57539,收回價280元,行使價283元,換股比率500,槓桿比率3.8倍,相近收回價遠熊中槓桿最高
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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