If you have read the warrant article in this column in recent days, you should be fully prepared for another dive in the stock market yesterday. Affected by the market adjustment, the performance of call warrants and put warrants was quite different yesterday, with 26 warrants trading a total of 180.69 yuan, 1.2 billion yuan more moderate than yesterday.
The average decline of 13 warrants reached 5.99%, and the absolute decline of many varieties was even greater than that of regular shares. Except for Wanhua Subscription Certificate accompanying regular shares Yantai Wanhua In addition to the 3.89% increase, other sectors fell sharply. The OCT put certificate closed at the limit of decline due to the limit of decline of the principal stock, with a decline of 19.27%; Youngor The subscription certificate fell 11.29%, the second largest decline, along with the decline of 7% in regular shares; The subscription certificate of Changdian once rose by more than 4% with the rise of the stock market, but the panic selling in the tail market surged, pushing down the closing price of 5.61% to 5.214 yuan; As expected by the author in his article yesterday, the steel subscription certificate weakened across the board, with the largest decline in the subscription certificate of Handan Iron and Steel Group falling 8% to 2.347 yuan.
In terms of put warrants, except for the last round of raw water put warrant, which fell by 1.52%, all other put warrants rose, with Wanhua put warrant ranking first with 10.12% increase, steel vanadium put warrant ranking second with 6.95% increase, and the alcohol put warrant recommended by the author earlier Wuliangye Maotai Put Warrant rose 5.49% and 3.26% respectively.
In the future market, the periodic head of the market and the steel plate is forming, which determines that the top of most subscription certificates is coming. Therefore, the risk of investment in subscription certificates in the near future is very great and should be actively avoided. On the contrary, most of the put warrants have rebounded in a large scale, with price increases and volume increases. They have the power to further rise, and can cautiously intervene in the short run. Zhang Biao's Daily Economic News
