The intrinsic value increases when index moves closer to exercise price. At the moment, it is still 130 points away from 1500 level. Nevertheless, at this index level, I would expect this warrant to position higher around .085 range. I think the bank has put a roadblock but they cannot further do this because global index turning red this week too. I would expect no correction until Fed news.
china shanghai composite index will drop another 166 points points before oficially up, malaysia markets may slide further following china's markets...
C12 also starting conning mode... index drop 20 points but the price still stay pretty pretty at 0.185, ppl got no chance to collect at lower price...
In summary, pls stay away from CIMB warrant when such situation happen.
Recommend H19, H1, HX and HZ... H1,X,Z will expire end of this month, currently it is in negative premiium, mean you buy something worth more than your buying cost... HX intrinsic value 0.493 and last done price only 0.46, buta buta earn 0.033~
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cashflow
3,642 posts
Posted by cashflow > 2016-01-11 16:06 | Report Abuse
Do you know warrant has sensitivity formula also. I think the way KLCI handle is by soft landing, so that warrant do not spike up quickly.