Put warrants: short-term opportunities are very promising
http://www.sina.com.cn 16:54, November 20, 2006 Sina Finance
The market jumped high on Monday. The Shanghai Composite Index and the Shenzhen Composite Index opened at 1977 and 5080 respectively. Soon after, the stock index continued to rise. At 11:14 a.m., the Shanghai Composite Index struggled to rise to 2000, then slowly retreated. At about 2 p.m., another wave of attack was launched, and it was sorted up and down around 2000 for a long time. The highest point is 2018. At the closing, the positive line was closed at 2017. There is a gap of 4.92 points. The Shenzhen Composite Index rose rapidly after opening, reaching 5179 at the highest point. It ended at 5177. It left a jump gap of 12.98 points, and the trading volume increased year on year, with a total of about 66.1 billion yuan in the two cities, including warrants. The feeling in the session was that the market was still led by blue chip index stocks, reproducing the situation of large-scale counter attack in the earlier stage. The Shanghai Composite Index crossed 2000 points to Qucheng.
Although the indexes of the two cities rose strongly, they were afraid of being retaliated by the air side in the future due to the fierce jump and high opening. In the process of market volatility, investors are most concerned about which plate is the most powerful? According to the track of market rotation and the flow of funds, we believe that there are considerable opportunities for short-term put warrants. But why do you say that?
Warrants and Market trend The seesaw effect has always been obvious, and the cumulative increase of related sectors has been too large, which has suddenly reduced the short-term opportunities of the stock market. The major opportunities for substantial increase are mainly concentrated in the warrant market that has not fully explored the low P/E ratio, high performance and high stock transfer, and has always had the seesaw effect with the market trend. China's stock market has always lacked a short selling mechanism, but with the implementation of the split share structure reform, put warrants have become the only investment product with short selling momentum in the current market, which makes the few put warrants in the current market the biggest highlight in the adjustment market. Recently, Shanghai market and market warrants have been active again, showing a strong attack. At the same time, benefiting from the trading rules of T+0, the actual profit space of actively traded put warrants has been greatly enlarged, becoming the best investment variety for short-term sudden profits. It is suggested that short-term investors focus on the leading varieties.
Individual stock concerns: Yago QCP1 (580992): Large scale explosion of small cap warrants
On Monday, the Shanghai Stock Exchange Index returned to above 2000 points, but the "28/20" phenomenon was still obvious in the session, and the pressure on individual stocks to adjust should not be small, which created conditions for investors to distribute put warrants. Yage QCP1 (580992) is one of the small cap put warrants with the longest duration in the current market. As the only investment variety with short selling function in the current market, it is expected to be widely pursued by major funds in the short term, which deserves investors' attention.
Yage QCP1 (580992) is one of the small cap put warrants with the longest duration in the current market. Its last trading day is May 14, 2007, and the deadline for exercise is May 21, 2007. There are still more than 100 trading days. At present, warrants in the market are still scarce investment products, and many warrants will withdraw from trading around the end of the year, which gives Yago QCP1, which has a long history, a good investment advantage.
Recently, the market continued to strengthen, and returned to above 2000 points on Monday. With the increase of system risk, put warrants, as the only investment product with short selling function in the current market, have been sought after by major funds. Before delisting, WISCO's put warrants recorded the largest daily increase of 542%, while Shanghai Market JTP1 、 Haier JTP1 In recent days, there has also been a rise of about 20% in varieties such as warrants. Considering the T+0 trading system, the short-term profit margin of warrant varieties is extremely broad. At present, the market price of Yago QCP1 is less than one yuan, and the single day theoretical rise can reach more than 100%, which is very likely to become a short-term market capital breakthrough target.
Youngor The company is one of the leading enterprises in China's clothing and textile industry, of which the export business accounts for about 30% of the company's main business. With the continuous appreciation of the RMB, its main clothing export business will inevitably be greatly affected. At the same time, this stock is also one of the relatively high priced stocks in the clothing and textile sector. The price comparison effect makes it face greater adjustment pressure, which also increases the investment value of its put warrants.
On the secondary market, the warrant was actively traded after its listing, and was once sought after by large individual households at the beginning of September, with obvious advantages in market popularity. From the trend analysis, the warrant has rebounded strongly after gaining support around 0.50 yuan. Recent transactions have greatly expanded. Since November, the daily average turnover rate has been nearly 100%. There are obvious signs of major force operation. At present, the moving average system is spreading strongly upward, and the time for short-term outbreak has appeared. It is suggested that investors focus on it.
Huizheng Finance
Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.
