Hook c when it is low today.

HSI-HU holders, sell it while you can, when the HSI at 21400 the bid price is going to be 0.02 only. After today, it's worth 0 cent.

HSI-C17 holders, no rebound by 4pm. So if you dare not to take the risk, close your position by 4.10pm. If you dare, hold it till Monday. I think that it is still worthwhile to hold it as this warrant is in the money and if the HSI back to 21500 above on Monday, the gain is enough to compensate the time-decay loss in price. This is assuming the current price of 0.31

Hi Duit, why you like to play "now you see and now you don't" on your post in HSI-HQ threads? Just keep your post for the benefits of all to study and discuss, there is no right or wrong, we are matured people to handle it.

Ok, sold hsi-hu @0.06 and time to buy C17 now.

Jake81, I will study the hsi futures trend first before go and buy C.

HSI-HU may go as high as 7c or higher, take the profit and run.

HSI-Hu holders, sell when the price is high as in mid-term trend, the bull is still strong, the bull may fight back in the afternoon session.

Bought some hsi-hu @0.05 and held overnight, expect hsi to pull back tomorrow if DJI close in red as Philadelphia Fed Manufacturing Index is not going to be good. Worst case, tomorrow morning have to buy C17 for hedging if what I expected not happens

DAX almost turns red, looks like have to discount the hsi close ~21500 or lower.

ss1967, sorry topglove is not on my radar, no comment.

The European markets futures look so so only, hsi will not go into runaway mode. Guess that it will close ~21550

Whoever the dare devil can try hsi-hu for day trade in the afternoon session but remember to close it by 4.10pm

Yes, Bilis bilis, I noticed that.

HSI is in slightly overbought territory now, don't chase high for C17, it may pull back tomorrow.

Posted by Bilis Bilis > Apr 21, 2016 10:44 AM | Report Abuse

Pris,

Did you notice this 21580 now (HK40) is the closing back of the gap 21485-21576 created on yesterday 20apr morning slump....it MAY be a very powerfull sign if it can breakout next 2 days.....

just now pick up some hsi-hu @0.05 in small amount of money, just for fun.

jake81, the pattern may not be repeated.

whoever dare to gamble can pick up hsi-hu now @0.045 or 0.05, I don't think it can drop further. close it before 12pm

sold c17 @0.395, took profit first and buy back later for a cheaper price.

Jake81, the 7-10c drop rule can apply if the price is around 15-25c and it left about a month to expiry. Don't simply pick up, study the trend and the market direction first or you may get a hot shit.

Bilis bilis, congrat on your gains, this is always the right strategy, got profit take first.

Jake81, when the hsi bull in feel good mode, don't ever touch hsi-hu, you are going to hit the wall badly. I will hold C17 after european markets open and see hsi will go into runway mode.

Region, how come Destini-wa did not move? Need Rchi help to push it up. Rchi tolong..tolong..

The HSI Bull is not relenting, may see 21700 today if european markets open in encouraging green.

HSI may gain 1% if most of the regional markets in green and in runaway mode if european markets also in green.

It looks like the HSI bull is not losing steam yet, so I will hold hsi-c17 till tomorrow morning. Bye..

Yes, finally the HSI bull is fighting back.

DAX almost turns green, very high chance for HSI to close ~21250 or better.

Ya, you have to get use to it, but HSI is not as volatile as China market.

Gauging the market sentiments today, HSI may drop ~0.3 to 0.4% but due to sharp drop in shanghai so the worst case is 0.7% drop from 21436, which ~21286.

Jake81, give u a faster answer by gauging the europe markets' futures. I guess HSI future will be around 21300 before 4.10pm

Jake81, wait till Europe market opens after 3pm, I will give u answer after that.

Thanks 2bits. I think the best time to buy c17 is now as HSI has more institution investtors, they won't simply sell like retail investors. Exploit the panic selling of retail investors to your advantage.

Jake81, yes, bought c17 @0.27 and plan to close it by 4.10pm. 1% to 2% drop for Shanghai CI is normal, just a normal pullback before the Fed meeting next week. The more retail investors participation in the market, the more volatile the market. This is china market.

Sold hsi-hu @0.115, don't be greedy. The european participants are more bullish and can bid up HSI futures. It may be the same trading pattern like yesterday, morning session hsi-hu up, afternoon down then hsi-c17 up, if european is more bullish.

bought hsi-hu and close it before 12pm, then will switch to hsi-c17 after that.

close hsi-c17 position @0.35, Tutup kedai untuk hari ini. Bye..

Straddle position is not really recommended for index warrants, it can only be helpful when the index is at the beginning stage of upswing or downswing and you are caught in either put or call position, you need to find an almost same weight /put/call index warrants to reduce your loss, once you are very sure of the direction then you can double-down or even triple-down on the winner and cut the loser. It is not that simple as one call warrant gain 20% and the put warrant lose 20%, use the straddle position sparingly. There is no easy money to make in share market.

When play index warrants, you need to know the game rules. The sure winner is the market-maker (Makuali) as the selling price is always in high premium. For eg. HSI @21384, the intrinsic value of HSI-C17 is only (21384-21000)/900 x 0.5 = 0.213, but Makuali sell you @0.340. In order for you to break even when it expires, HSI have to hit 21612. Another built in advantage for MM is the time-decay price in their price matrix, everyday you are going to lose certain percentage even the index is stagnant. This is the feature that I hate most. So as a rule of thumb, don't hold index warrants (put/call) for more than 5 trading days unless the market is at least in mini bull/bear run, else you are going to lose out if holding too long.

Thinking to buy some hsi-c17 for day trade to exploit the more bullish sentiments of europe participants, will wait for the futures before 2.30pm to decide whether to keep trading or call it off a day. If europe futures is encouraging, guessing the HSI will close at 21400 rather than 21300

OK, managed to sell hsi-hu, can chillax now.

HSI bullish sentiments still intact, buy HSI-C when there is pullback only, don't chase high. HSI-HU is hopeless with the bullish sentiments still on, it is going to expire on 28/4/16 and the exercise level is 20800. You can only day-trade it to exploit the extreme drop of price. I bought it @0.085 and hope can close it by 11.15pm @0.115.

Region, snipe at some destini-wa, see tomorrow can get a head shot. :) :)

rchi, temporarily sell it first and see can get cheaper price in few days later

rchi, help to push up aax some more, I'm going to sell aax-wa today.

jake81, it's quite complicated, technical chart, world economy and politics news plus the market sentiments too. I'm still learning like you as well.

no, not today, let see how the impact of DOHA decision towards the global market first.

hold aax wa till tomorrow, as long as there is speculator to push it up why throw it now.

I saw some weaknesses in US stock market and KLCI, may see a minor pull back next week. HSI seems to be a bit stronger but will see the same by next Friday.

study some of the oil and gas counters now and see which one is worth to be long.

By looking at the data and market sentiments, it seems to be US stock market is in the beginning of stocks bubble phase. KLCI and HSI will follow suit. So don't try to short the market, the bull is going to be in charge till 2017 or beginning of 2018. Most of the central banks implement easing policy or negative interest rate, the excess of liquidity has to flow to somewhere.