認沽證到期唔到價咁會點 ?

錯。
你要用$19.90沽出正股.除非你已經有貨,否則就要從市場買入。
如果巿價高過$19.90,你就要蝕差價。唔係嚇你,可以係無限大。唔玩得過呀!
你都係求神拜彿對方唔好行駛。

You can NOT use your warrant to buy the original shares in Hong Kong. Hong Kong 發行既輪係 cash settlement. For more information on your warrant expiry, you should call the issuer's hotline.

2007-08-09 15:00:42 補充：
No matter your 輪係 call or put. They are all cash settlement.

以你講GE例子, 認沽證係指你可以用行使價$19.90賣出手上已有的中壽正股
正常而言認沽證係指以行使價賣出正股
認購證先係以行使黎買正股
所以如果你買的是認沽證補錢都買唔番正股
所以就一定只係蝕咗手上面既認沽證除非你原本就已經持有正股先有得賣GA

You can use your warrant to buy the original shares. 1 shs warrant + $19.90 to buy 1 shs original share.