港交所 認股證一問

你大錯特錯.數唔係這樣計.一手388要500股,160元計要80000元.一手2205要50000股,當佢5毫子股都要25000元,行使價110元x500=55000元,25000+55000=80000元.到期日388冇160元,隻2205邊個要?2205是認股權,不是股票.若388短期不大升,隻2205有排跌.你而家知點解冇人買啦?

Whether a warrant is attractive to buy will depends on several factors. Most obvious is LEVERAGE, you will want to buy warrant at low premium but will give you high gearing. 2205 is safe, but its gearing is so low, and also look at its SPREAD for today. The bid/ask is 0.495/0.600, which means if i buy now and sell immediately, i already lose 16% (ie, buy at 0.6 and sell at 0.495). I would rather pick other warrants which the spread is much less. For example, 6089 bid/ask is 0.154/0.156, more LIQUIDITY, and will have less pressure on you when you trade. In case you bought wrong, you can sell immediately at less 'penalty'.