Just to share something I take from HK forum: Bersih 1 (2007): KLCI dropped 50 points, then rebounded. Bersih 2 (2011): KLCI dropped 250 points over a few weeks, then rebounded. Bersih 3 (2012): KLCI climbed after BERSIH before dropping 50 points and rebounded again. Bersih 4 (2015): Let's see KLCI on 1st of September.
coz china and hsi went up this morning. people freaking out and feel klci will go up as well. massive sell on put and jump ship to call. but end up hsi reverse going down again. all 'inventory sold out' put warrant no longer move according to index. totally up to the speculator/trader
The lowest premium of Put belongs to HP and HG. Which i believe that HG might gives better return as lower price. China and US are having "Mini Bull" , but the "Mini Bull" in Malaysia just only give a chance for foreign fund to sell their share at higher price. As long foreign fund never stop retreating their fund , Malaysia problem still EXIST!!! (1MBD , depreciating of ringgit, 700Mil USD case) Trade at your own risk.
@0.34c, the premium is quite low and can breakeven when index is 1,573.22 points(Fair value: 31c). Consider good to enter, but must take precatious on the maturity date which is fall on next month (30/11/2015). I'm suggest to play contra only.
still got 2.5 months to go. at this level, should be considered reasonable for HG. If happens that price drops below 0.34 due to KLCI turns green then just average and keep it as KLCI wont be continuously green. There will be quite number of uncertainties ahead in the market so foresee there will be a drop again tomorrow. Buy at your own risk and don't sai lang at 0.34 as you may need to average if the price drops below 0.34.
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Vaylens Chong
1,120 posts
Posted by Vaylens Chong > 2015-08-25 15:11 | Report Abuse
coward!!!!!!!!!