but company warrants must wait longer. I know some traders are playing index-based warrants everyday, and often a few times per day.

company warrants are safer and possible can earn as much as index-based warrants

Wei Jie Yau, you should not put most of your capital in risky warrants. Some more you are newbie

lengjoe, usually I only play small during intra-day if I play rebound or pull back. Like today earn small money 1-2 sen but suddenly minus 2 sen

lengjoe, most markets are strong. The market sentiment is bullish. But of course some may argue it is close to short-term peak.

most markets will follow the Dow

Wei Jie Yau, you can check the HSI future now

http://etnet.com.hk/www/eng/futures/index.php

Usually HSI will follow the Dow

lengjoe, I am told not to put more than 10% of capital into risky instruments like warrants. Of course you can ignore this advice if you win more often than you lose

Wei Jie Yau, I thought you earned some good money this morning? Did you take profit?

Wei Jie Yau, I always say we can only make prediction in the morning. Have to see how the Dow ends the day, how the oil ends the day and have to check the latest news

thanks to some nice data from US especially Philadelphia Fed Manufacturing Index and JOLTs Job Openings, it helps turning the Dow to positive

someone posted link to daily technical analysis about HSI market the other day, is it you, eagle100? Anyway, thanks for the link

http://www.cityindex.com.sg/market-talk/technical-news/

lengjoe, could you please explain the reason you bought a put warrant earlier? Hopefully we can learn from you

HSI(Mar) AT is the After-Trade Future that opens from 5pm-midnight

the call and put warrants track HSI future, not HSI itself.

you can check the HSI future here. There are trades after market closes -- from 5pm to midnight
http://etnet.com.hk/www/eng/futures/index.php

oil price getting crazy...

yea, Dow future looks good. Brent Oil all right... Will keep my C for tomorrow

Wei Jie Yau, you can buy the day before news and sell it the next day. Worth the risk. You can sell partially or all. Today is supposed to be profit taking day

Wei Jie Yau, I have not sold. may wait tomorrow. See how first.

StingRay, I intend to keep as long as it does not drop below 20,400

Usually I took profit before HSI lunch break. Today I did not and it turned out to be a bad idea.

I wait for rebound

Let's see second half...

and saw Shanghai also rebounded

after I saw HSI rebounded to 20,500 suddenly

just now RM0.355

I buy back C14 and hope HSI will re-test 20,600

let's see if 20,500 can hold or not

Shanghai market is really funny...

opening up 300 points consider quite a lot. It is tough to determine if high will will get higher. It is better to sell bit by bit

HSI testing 20,600 points

Fed's policy statement compared with January:

http://blogs.wsj.com/economics/2016/03/16/parsing-the-fed-how-the-march-statement-changed-from-january/

wank, there is an example at Macquarie web site

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

those interested in index-based call/put warrants must explore this web site

sideline better, no big profit to be found before Fed meeting

Ranhill listed today

bigger drops in oil now...

StingRay, may I know the reason you bought Comcorp yesterday. Did you detect something? Timing is perfect!

Wei Jie Yau, the drop is not big enough

very small trading range... I am afraid we should be happy with small profit. For some people, this may not be worth the risk

Shanghai recovers...

Wei Jie Yau, crude oil drops not big enough for us to worry

I posted this last week:
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.

- 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

today low at 20,271. I don't think it will get lower than that so I bought C14 at 31 sen

there is no bad news so hopefully HSI will recover

new low for Shanghai...

wa, Wei Jie Yau improves already :)

-137 points? That's over-done I think...

today policy meeting of the Bank of Japan. Most likely no surprise. Let's see

probably zig zag zig zag only this week until after 2 days of Fed meetings

let's see if 20,400 points can hold or not

Shanghai weak, maybe can sell call warrants first and buy back later at cheaper price