looks like Shanghai want to test 3000

HSI is very boring for now. Any good recommendation of share or warrants?

if you do not play these 2 days, also no problem. We have a few more important data this Friday:

Friday morning -- China manufacturing PMIs
Friday night -- U.S. nonfarm payrolls & ISM manufacturing PMI

http://www.investing.com/news/economy-news/5-things-to-watch-on-the-economic-calendar-this-week-392019

almost lunch time, not advise to buy now

should have bought H when HSI failed to hold on to 20,700. Don't think it will drop much... maybe between 20550-20600

region, I based my opinion on theory. But if both C17 and C19 offer the same upside in percentage in real life, then go ahead and buy C19. But I want to stress that it is SAFE to play those warrants that are going to expire within a month. You do not have to worry about it at all if you play short term. Proven. Like I said I played C14 on the second last day. Another thing is those warrants with expiry date within a month usually move more.

Shanghai market dropping now, hope will bring HSI together...

recent high was 20772 March 21st

region, if you are playing for short term, it is not as bad as you think. It is actually a lot safer than we think. Here is some research that I have done.

I posted this a few weeks ago:
as you know, warrants lose value faster when they approach expiry date. How bad is it? Here is an example.

HSI-C14, expiry on 30 March 2016, exercise price 20,200. Assuming HSI future constant at 20,200, and constant Implied Volatility at 31.4%

March 8 RM0.352
March 9 RM0.344
March 10 RM0.336
March 11 RM0.328
March 12 RM0.319
March 13 RM0.311
March 14 RM0.302
March 15 RM0.292
March 16 RM0.283
March 17 RM0.273
March 18 RM0.262
March 19 RM0.252
March 20 RM0.240
March 21 RM0.228
March 22 RM0.215
March 23 RM0.202
March 24 RM0.187
March 25 RM0.171
March 26 RM0.153
March 27 RM0.133
March 28 RM0.109
March 29 RM0.077
March 30 0

HSI-C14 loses about 1 sen a day with 2-3 weeks remaining, and loses about 2-3 sen a day with 1 week remaining. Therefore it is more suitable for intra day trade as it approaches expiry date. (Update: The last time I played C14? The day before the last trading day)

- you can get the info above from
https://www.malaysiawarrants.com.my/tools
- select Tool and Charts menu
- select Warrant Calculator
- enter the name of the warrant in the search box, eg HSI-C14

Shanghai moving further up

region, HSI-C17 is more expensive but it is better because its exercise price is nearer to the current HSI future, so will move more

Wei Jie Yau, we do not know how far the market will go, so we take profit bit by bit

yea, looks like 20700 is temporary top for now

early morning, usually people will react to the news, after that it will slow down.

Wei Jie Yau, take profit gradually

Airasia moving?

hopefully HSI will pull back and we can get cheaper price on call warrant

Citing increased risks with global financial and economic conditions, along with widespread volatility in oil prices, Yellen reiterated on Tuesday that the U.S. central bank should exercise extreme caution with the timing of its next rate hike. Yellen's comments contradict a wave of hawkish remarks from several of her colleagues last week

http://www.investing.com/news/commodities-news/u.s.-stocks-soar,-as-yellen-boosts-markets-with-dovish-policy-stance-392381

The U.S. economy remains on track for a gradual path of rate hikes and fears over the impact of a slowing global economy and bouts of financial volatility are overdone, San Francisco Federal Reserve President John Williams said on Tuesday.

http://www.investing.com/news/economy-news/fed-rate-hikes-will-be-‘gradual-and-thoughtful’-–-williams-392248

http://www.investing.com/news/economy-news/fed's-williams-urges-u.s.-central-bank-to-stay-on-track-with-rate-rises-392246

Bing Feng Tan, GentingC25 is a better choice because the difference between bid price and ask price is only RM0.005

anyone here waiting for Airasia? :)

index up 11 points, don't think it can sustain. Most markets are cautious ahead of some important US data this week

5 Things to Watch on the Economic Calendar This Week

http://www.investing.com/news/economy-news/5-things-to-watch-on-the-economic-calendar-this-week-392019

I suspect some of the buyers do not understand how to calculate the price of index-based warrants

Price of warrants at expiry = ( Settlement Price - Exercise Level) / Exercise Ratio x FX Rate

e.g C14
Settlement Price will be determined on March 30th
FX Rate is exchange rate HK$/MYR which is around 0.5. SUSPECT SOME BUYERS ARE NOT AWARE OF THIS
Price of warrants at expiry = ( Settlement Price - 20,200) / 900 x 0.5

https://www.malaysiawarrants.com.my/indexdw

too bad market maker is not around this last trading day, otherwise we can observe the price movement

The final settlement price is based on index futures contracts on March 30th but trading of warrants ends today

wank, you can get the info from Announcement at KLSE web site

Here is the info about C14
http://www.bursamalaysia.com/market/listed-companies/structured-warrants/#/?category=all&sub_category=all&alphabetical=All&company=065114

today is the last day trading for those warrants expired on March 30th, 2016

According to the daily summary below, even after 5 Fed officials' suggestion that the next rate hike may come in April, "but that sentiment remains at odds with the fed funds futures market, which sees only a 14.0% chance of a rate hike at the upcoming policy meeting. The market sees a 40.0% chance of a hike in June while expectations for a hike in July are running at 51.0%."

https://www.briefing.com/investor/markets/stock-market-update/2016/3/24/final-hour-rally-ends-indices-on-a-mixed-note.htm

Important data later tonight:
- GDP (QoQ) (Q4)
- PCE Prices (Q4) and Core PCE Prices (Q4)

I know the market maker is not around tomorrow and next Monday because of holidays, but is trading of HSI warrants still on the next 2 days? I believe so but I can not recall.

yea missed the boat. Looks like the drop is mainly due to interest rate anticipation that it could come as early as April. All 5 Fed officials said the same thing (one of them is a voting member). Instead of up down up down, we may see down trend.

rchi, what do you mean "something is wrong wth genting"? Is it too dangerous to buy Genting warrants?

now looking at Genting and its warrants

sold C14 since it's near closing time now

I bought C14 and C17 after it moves above 20,300

HK not open tomorrow and next Monday, right?

since oil rebound, hope HSI future will rebound again in the afternoon

not playing H, fear that it will not drop a lot since oil price rebound

HSI is dropping again...

I suspect HSI will drop first and then rebound. Not buying anything right now

HSI future is -250 or -1.24%, I just think it is way too much that I suspect will rebound

The exercise price of HT is 19,400. Will earn something if the index future is below 19,400 when expiry.

HSI-HT 19,400 28 Apr 16
HSI-HU 20,800 28 Apr 16

HSI-HT is out-of-money right now, in fact the difference is 10,000 points, so its price will not move as fast as HU. HT will move faster the closer it is towards 19,400. HU is in-the-money right now.

"U.S. stocks fell mildly on Wednesday as oil prices crashed below $40 a barrel and hawkish comments from a host of Federal Reserve policymakers on the increased possibility for multiple interest rate hikes this year..."

so we have to monitor oil price. So far oil price drops a little

Dow dropped 0.45%, so assuming same percentage, HSI future will drop to 25500. If it drop too much, maybe will buy call warrant instead

Ruggedfix, I am afraid so. Usually people do not hold the warrants too long, maybe less than an hour, a few hours, the next day, or a few days. Hope you take some time to study the call/put warrants, I am sure you can earn your money back.

Congratulations cwingz :)

rchi, Genting warrants are the ones that I regret the most selling early. Genting-WA was lower than RM1 when you first recommended. C26 was less than 12 sen

yup, this C14 is more for intra-day trades at the moment

US data tonight may not move the market by much. Maybe little price movement, so not worth the risk to buy C/H now. I will wait tomorrow morning

Ruggedfix, you mean HQ? It is out-of-money so you are right. It is not worth anything right now.