《高盛認股證牛熊證》快手急跌近一成 資金持續吸納好倉 留意高敏感度購14088、貼價購20660,遠牛58710
正股表現:快手(1024)上週三起連跌,昨日失守70元水平收市。今早高開後隨即倒跌,並失守跌穿60元水平,最低見57.95元,爲過去4周低位。現報59.3元,跌約9.3%,爲連續第5日下跌,累計至今跌逾25%。有券商指快手對本土業務今年底達到收支平衡有信心。該行料快手非通用會計準則經營溢利率將按年改善13個百分點,維持對其「買入」評級,目標價100元。
資金流向:觀察個股輪證資金流向,可見近期資金持續趁低吸納好倉,過去4個交易日皆錄得資金流入,合共約2,230萬元。淡倉方面,昨日流入熊證的資金集中在90元收回區域的遠熊。
產品選擇:投資者如看好,認購證方面的高敏感度選擇可留意年期約3個月的低面值快手購14088,50兌1換股比率,敏感度較高,緊貼正股升跌。貼價選擇可留意年期約3個月的快手購20660。中期選擇可留意低街貨快手購1250,時間值損害低3。牛證方面的遠牛選擇可留意快手牛58710,及可留意屬市場上最遠收回價的快手牛58921,與現價有約10及20元收回距離。
快手購14088,行使價84.9元,2022年07月04日到期,實際槓桿5.8倍,高敏感度、低面值
快手購20660,行使價68.9元,2022年07月22日到期,實際槓桿4.0倍,貼價
快手購12503,行使價75元,2022年12月21日到期,實際槓桿2.8倍,中期、低街貨
快手牛58710,收回價50元,行使價47元,換股比率100,實際槓桿4.5倍,相近收回價遠牛中街貨較低
快手牛58921,收回價40元,行使價37元,換股比率100,實際槓桿2.6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2個月,屬價內的低街貨快手沽22521。熊證方面可留意屬遠熊的快手熊57220,與現價有約30元收回距離。
快手沽22521,行使價74.95元,2022年06月23日到期,實際槓桿2.1倍,價內、低街貨
快手熊57220,收回價90元,行使價93元,換股比率100,實際槓桿1.8倍,相近收回價遠熊中槓桿最高
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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