small bet H99 0.165

huat168, nobody will hold index warrant until expiry unless you foresee that the index is a straight line up 3 continuous trading days before expiry. Furthermore it takes 7 working days to pay you a check and 1 to 2 days for the check to arrive at your house, you lose 10 days opportunity cost. Settlement level is based on HSI cash market closing price at expiry not futures. Anyway below is FYI:

Your index warrant will be automatically exercised if you hold it until expiry. If the Cash Settlement Amount (“CSA”) is positive, Macquarie will make a cheque payment to you within 7 market days after expiry.

Cash settlement amount for index warrants :

Index Call Warrant :

CSA = (Settlement level - Excerise Level)/Exercise Ratio x FX rate


Index Put Warrant :

CSA = (Excerise Level - Settlement level)/Exercise Ratio x FX rate

FX rate is HK$ to MYR, today rate is 0.55

BB, I guess that the market maker temporary pause it to adjust the Implied Volatility value which will affect the bid/ask price, that's why sometimes it needs 25786 for C1B to sell at 0.705, sometimes at 25792 to sell at 0.705.

Huat168, not me, I bought much earlier than that.

sometime market making system is facing technical problem, the futures data is frozen, so when the futures going up already, it is still selling at the frozen price. U can make some money out of the technical glitch.

At futures 25786, C1b should sell at 0.705, but it sold at 0.685, so untung 2c.

Huat168, market making system technical glitch, selling at lower than fair price, quickly sapu first then sell it back when it is back to fair price.

BB, in casino 80% is luck 20% is skill, when u don't have good luck, then bet minimum or don't bet at all for the whole day, when u have luck then double your bets every 3 or 4 hands until u reach the table limit. Still, most of the times, I would say 90%, the luck is not on your sides. That's why there is no easy way to win the banker, Genting yearly revenue speaks for herself.

Some newbies don't even know the market maker auto market making system trading hours (HSI warrants : 9:15am to 11:58am, 2:30pm to 4:28pm), they dare to trade index warrants. For eg. yesterday HSI-H2C, he could have sold it at 0.425 before 4.28pm but sold at 0.400 at 4.35pm, after 4.28pm there is no market maker in the market then whatever you sell is to the retail investors at pretty much lower than the fair price.

rick, don't count on EW on day trade, u just don't have much time to do analysis. It is a combination of social-politics, economy news and data, CBBC chart and 1 min RSI chart.
If u are satisfy with annualized returns of 10%-12% for long term investment, my suggestion to u is go for some small-cap fund such as Kenanga Growth Fund, Affin-Hwang Select Opportunity Fund etc. It is better than you lose money to market maker by playing the index warrant. Sometimes, HSI index warrant can lose 40-60% in a day, think wisely, it is a casino.

Closed H99 0.185, today a bit hard to smash HSI down.

rick, sometimes the index can go up or down in a blink of eyes, u may not react in time if u are just following me, u need to have your own cut loss/profit target which is very important.

rick, index warrant especially HSI index warrant is a very high risk game, anytimes you can lose a fortune. If u are newbie better don't touch index warrant. There is no such thing as sure win game.

H99 0.185

BB, if u got times can wait until DAX open market.

Cashed out all H99 0.205, enough for today, don't want to wait further.

In C84 0.675 Out 0.78.

Now in H99 0.185 n waiting to sell at right price

Han, never being over-confident. I'm expecting DJI n HSI entering correction phase now for 2-3 weeks.

Cashed out all C84 0.725

ngwt, it's too risky to enter C, if the bankers continue their attacks over the lunch times then you are dead meat.

re-enter C84 0.71

Closed C84 0.725, too risky

Small bet C84 0.725

Closed C84 position, 0.815

Added more unit C84 0.785

Small bet C84 0.85

Cut loss H99 0.225

H88 0.235

ngwt, exit polls revealed that Lab will not win majority seats, it will be a hung parliament.

ngwt, yes H.

small bet H99 0.235

I have cut loss H99 0.24

bullshit_bear, higher risk one like H99 will not carry overnight, lower risk one likr H2C can keep overnight.

bullshit_bear, C is just getting more n more expensive day by day, n there is no sigh yet for super-bull hence not much buyers. While H is just not the right time yet to keep, day trade better.

Added more units H99 0.25

H99 0.265

Cashed out H99 0.265, HSI still pretty strong, not much down side.

Small bet, H99 0.255

ngwt, morning will be C, probably around 25800 will pull back.

Cashed out first H99 0.28, bull not yet giving up.

ayam, if keep pushing up from now than may be today cash mkt can achieve 26100 but it seems that the bull is lack of strength now. Probably next monday the final push to 26100-26200 then laosai may come.

Added more units H99 0.27

small bet H99 0.275

Cashed out C84 0.84, enough for today. Bye..

Ha..Ha whoever manage to sell H99 at 0.335 untung liao, now the fair price is 0.32, MACQ system back to normal.

small bet C84 0.785

Quickly cash out H99, sth wrong with MACQ auto market making system, it bids higher than fair price.

Cashed out H99 0.335

H99 0.32

Cashed out first, H99 0.33