Warrant market

News from our newspaper (reporter Zhang Zhong'an) Under the condition that the stock market maintains a weak oscillation, it seems that the energy of short selling in the power market is being fully released. The three "doomsday options" that are about to be delisted have fallen sharply in a row recently, which has attracted great attention from the market. Some analysts pointed out that there is a great possibility that these "doomsday options" will encounter irrational speculation. At present, hot money may be preparing for the speculation.

As the Ministry of Commerce recently began to investigate the losses of steel enterprises, the market is looking forward to the introduction of favorable policies to boost the collective rise of the steel sector, GISE Against the market limit, Liugang (600782)、 Bayi Steel (600581) and others also performed well.

In the warrant market, the iron and steel purchase right was seriously polarized yesterday, Baosteel CWB1 In the afternoon, the biggest increase of both Baosteel CWB1 and WISCO CWB1 exceeded 3%. However, due to the lack of momentum for the continuous increase of funds, their increase was then significantly reduced. In the late afternoon, Baosteel CWB1 rose slightly by 0.57%, becoming the only popular variety, and WISCO CWB1 also fell slightly by 0.38%.

It is worth noting that the last trading day of Masteel CWB1 is next Friday. As the earliest option to expire, it plummeted 26.60% yesterday, the largest one-day decline since its listing. Its premium rate also dropped sharply from about 28% in the early trading to 17.16%. and Rizhao CWB1 It will expire on the 18th of this month. In the morning, it was hyped by hot money, that is, it rose more than 10%, but the rising trend did not continue. In the afternoon, it closed with a sharp drop of 16.71%.

The steel vanadium GFC1, which will be delisted at the beginning of December, also fell yesterday, with a cumulative decline of 13.64% on that day and a negative premium rate of 36.43%. Some analysts believe that if the overall listing plan of Panzhihua Iron and Steel Group cannot be completed before the expiration date, it does not rule out that the situation of steel vanadium GFC1 rising significantly.

Some analysts pointed out that according to the performance of selling rights in the past bull market in the "doomsday round", it is very likely that these "doomsday options" will encounter irrational speculation. At present, hot money may be preparing for the speculation.