HSI future is green now. Now have to look at FOMC Meeting Minutes later tonight

FOMC Meeting Minutes later tonight

looks like HSI will not have a big range today, can only expect small profit

at current level, Macquarie's Buy Price for C17 = RM0.17

Caixin Services PMI 52.2 (forecast 51.4)

if C17 remains out of stock, we can play other call warrants, like C20

Caixin Services PMI data within 1 hour time. Should be positive

before we play warrants that are out of stock, we need to check the price offered by Macquarie. Can still play if the difference is small.

it is easy to check what the Buy Price and Ask Price for difference HSI range
https://www.malaysiawarrants.com.my/tools?sp=lmatrix

at current level, Macquarie's Buy Price for C17 = RM0.15

ngwt, don't feel bad. We take whatever the market gives us.

a bad news will send HSI below 20,000

tomorrow morning Caixin Services PMI (Mar) for China is supposed to be positive data

tonight we also have API Weekly Crude Oil Stock data

U.S. ISM non-manufacturing PMI survey tonight is probably positive news.

we should suggest to Macquarie to have warrants based on China market like Shanghai.

but HSI rebound because China market rebound quite a lot. More likely China market will correct in the afternoon

if the oil price become a concern again, you may want to take a look at SKPETRO-HC

amazing that the index is green. I expect it to be red because of oil

Crude plunges 4%, as Saudis resist output freeze unless Iran joins deal

http://www.investing.com/news/commodities-news/crude-plunges-4,-as-saudis-resist-output-freeze-unless-iran-joins-deal-393096

Wall Street sticks to June hike view, sees two hikes for the year: Reuters poll

http://www.investing.com/news/economy-news/wall-street-sticks-to-june-hike-view,-sees-two-hikes-for-the-year:-reuters-poll-393106

yea, no rebound yet

I bought C17 after HSI breaks 20550

I think this sounds crazy but Shanghai may re-test 3000 today

now HSI at -240, very likely U-turning

Monday April 4th Hong Kong market close for Ching Ming Festival

we need to pay attention to Nikkei, now dropping 550 points.

because HT was out of stock, the market maker only showed their Buy price (e.g RM0.15). No stock to sell so no Ask Price. What happened was that there were buyers who offered to buy at higher price (e.g RM0.16), so the higher buy price was listed first and above the one offered by the market maker. Ideally, buyers should have followed closely what the market maker offered e.g Buy Price at RM0.15 and Ask Price at RM0.155.

since HSI future dropped throughout the morning, eventually the Buy price of the market maker caught up to match those offered by other buyers. The Buy Price of the market maker improved from RM0.15 to RN0.175.

looks like HT is no longer out of stock

looks like recovery is only possible in the afternoon

wank, you can read the local business news here:
http://www.theedgemarkets.com/my

the exercise price for HT = 19,400
current HSI future is around 20,600
HT is out-of-money, about 1,200 points difference with 1 month to go before expiry date.
we need to find a put warrant which is near current HSI future, such as HU

the market maker is buying HT at RM0.15 right now

the rest of Asia in red, better buy Put first and then change to Call

China PMI figures of February and March may not be that accurate because of New Year holidays. If I remember correctly, February figure was worse than expected. And now March figure is a lot better than expected. April figure should be more accurate

yea, most of Asia in red.

better than expected

China will release official PMI figures later. Caixin Manufacturing PMI will follow an hour later. They are supposed to show improvement

crude oil finally broke below U$38...

seriously I do not understand how oil can maintain current price. We all know Iran is not going to cut production, instead will increase production.Surprisingly oil price has been stable.

yea, a good idea to check Macquarie web site first in the morning to learn about what price they offer

luckily I checked the Macquarie web site first. But even so, I was quite surprised, as the price there were lower, and I was confused

https://www.malaysiawarrants.com.my/tools?sp=lmatrix

wah, the price offered by Macquarie is a lot lower

C17 at price of RM0.39 maybe too expensive

Dow only up a bit, so HSI will not up a lot also. I will sideline first. If you want to play, play small

Crude closed relatively flat on Wednesday on a volatile day of trading, paring sharp gains from a bullish U.S. weekly stockpile report after traders received indications that OPEC production increased moderately in March.

http://www.investing.com/news/commodities-news/crude-flat-amid-bullish-u.s.-stockpile,-modest-gains-in-opec-output-392592

Fed's Evans sees high hurdle to April rate hike; June possible

http://www.investing.com/news/economy-news/fed's-evans-sees-high-hurdle-to-april-rate-hike;-june-possible:-cnbc-392511

tonight there is an important data:
U.S. ADP Nonfarm Employment Change

will give us some hint related to the U.S. nonfarm payrolls report on Friday

HSI future April ended 20,857

looks like HT sold out once again

HSI future March around 20,670
HSI future April around 20,750