《高盛認股證牛熊證》平保股價跌至低位 資金持續吸納好倉 留意貼價購28168、高槓桿購15896
正股表現:平保(2318)近期表現相對疲弱,上週四及上週五均曾低見46元的兩個月低位,並與一年低位不足0.1%距離。今早則高開後倒跌,現報46.25元,跌約1.1%。平保公布,今年首4個月,旗下四家控股子公司原保險合同保費收入合共3,046,45億元人民幣,按年升0.7%。
資金流向:觀察個股輪證資金流向,可見近期資金持續吸納好倉,過去5個交易日皆錄得資金流入,合共約910萬元,並見上週五流入牛證的資金較集中在43元收回區域的產品。
產品選擇:投資者如看好,基於股價跌至低位,因此應重新審視產品條款,而目前則可考慮較合適現況部署的對沖值高、波幅影響低的貼價認購證,及收回風險較低的遠牛。
認購證方面的貼價選擇可留意屬市場上的貼價選擇中,槓桿最高的平安購28168。高槓桿選擇可留意年期約4個月的低街貨平安購15896。牛證方面的近牛選擇可留意平安牛69146,遠牛選擇可留意平安牛68278,與現價有約4及6元收回距離。
平安購28168,行使價51.2元,2022年12月21日到期,實際槓桿5.4倍,市場上貼價選擇中,槓桿最高
平安購15896,行使價61.93元,2022年09月13日到期,實際槓桿9.7倍,高槓桿、低街貨
平安牛69146 ,收回價43元,行使價42.4元,換股比率100,槓桿比率10.2倍,相近收回價近牛中槓桿最高
平安牛68278,收回價40元,行使價39.4元,換股比率100,槓桿比率7.3倍,相近收回價遠牛中槓桿最高
投資者如看淡,可留意屬短期的貼價、高槓桿平安沽18059,為進取選擇。
平安沽18059,行使價42.95元,2022年06月22日到期,實際槓桿8.8倍,短期、貼價、高槓桿
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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