Posted by i3gambler > 2020-12-18 13:38 | Report Abuse

The moment Investment banks sell CW, they will buy mother shares for hedging.

When mother share move up and down, they will minor adjust the hedging quantity because the effective gearing change per mother share movement.

The worst thing that the investment banks don't want to see is the mother share plunge below the exercise price, because they might lose money from the mother shares that they hold for hedging.

Posted by Morpheus61 > 2020-12-18 13:41 | Report Abuse

BULLSHIT !!!

Posted by vvcb > 2020-12-18 15:46 | Report Abuse

The Macquire factsheet showed that the breakeven price at expiry is 7.07. Therefore shouldn't this call warrant expire worthless? In any case any loss or profit is between investors who trade in the call warrants and not Macquire.