This is a put warrant. KLCI up, it will go down and vice verse. Warrants have premium on them and expiry date. It is better to stay out from this warrant if you don't know how it works.
is my calculation right? 1780-present index= x /200 1780-1735=45 45/200=0.225, so its intrinsic value is 22.5c presently 47c premium 24.5c @108.8% index up , it will go down ;index down it will go up we are trading short! So, we are hoping market to crash , only to make bigger gain! Do correct me....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
林俊松
6,930 posts
Posted by 林俊松 > 2014-11-13 16:53 | Report Abuse
Walao, baru buy 33.5 cents, immediately drop to 32 cents.
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