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Advance short term trading Derivative Warrant #42 ... 2014/04/21  · fin DW advanc short term trading 21 Apr 2014 Author k1538 Created Date 4/18/2014 10:03:49 AM Keywords ()

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Text of Advance short term trading Derivative Warrant #42 ......

  • ������ 21 �� �� 2557

    Advance short term trading Derivative Warrant #42

    ���

    ������ ���ก��, CFA, FRM !" ��# $ #���%��&' (#����)��ก�#�%�' ��'*(+ก' ก�� �,+ (.#/ �01��) 34 ก�� (�) 5�)

    * ������ �� ���� � ก�������� ����������������ก���� ก!" �#$������%&"'�(�&")����"� � ก � ��*

    1

    �ก�+�%,"���� : .����"��#�� �� Call DW � ��, .����"��#��� Put DW � ��

    Call DW : CPAL42C1404A Put DW : CPAL42P1404A

    CPALL

  • 2

    �ก�+�%,"���� : Effective Gearing %�� ก"���"�H���I' � • Effective Gearing %�� %J" ��I�ก,J" DW �(�������$�ก�� % ������"%" .����"��#�������� 1%

    3

    �ก�+�%,"���� : �L"�( Call DW : OTM, ATM, ITM

    • # � )�8� > # � :58$��&� • Call .=� In-the-Money

    (ITM) • 3/�� Gearing . �ก� + • �� � $���+. �ก� +

    �,�"

    �"%" .�� ��"��#�

    �"%"�Q��# R#��� Call

    �"%"

    �,�"

    �"%" .�� ��"��#�

    �"%"�Q��# R#��� Call

    �"%"

    �,�" �"%" .�� ��"��#�

    �"%"�Q��# R#��� Call

    �"%"

    • # � )�8� = # � :58$��&� • Call .=� At-the-Money

    (ATM) • 3/�� Gearing $L+

    • �� � $���+$L+

    • # � )�8� < # � :58$��&� • Call .=� Out of-the-Money

    (OTM) • 3/�� Gearing $L+� ก • �� � $���+$L+� ก

  • 4

    �ก�+�%,"���� : �L"�( Put DW : OTM, ATM, ITM

    • # � )�8� > # � :58$��&� • Put .=� Out of-the-Money

    (OTM) • 3/�� Gearing $L+� ก • �� � $���+$L+� ก

    �,�"

    �"%" .�� ��"��#�

    �"%"�Q��# R#��� Put

    �"%"

    �,�"

    �"%" .�� ��"��#�

    �"%"�Q��# R#��� Put

    �"%"

    �,�"

    �"%" .�� ��"��#�

    �"%"�Q��# R#��� Put

    �"%"

    • # � )�8� = # � :58$��&� • Put .=� At-the-Money

    (ATM) • 3/�� Gearing $L+ • �� � $���+$L+

    • # � )�8� < # � :58$��&� • Put .=� In-the-Money

    (ITM) • 3/�� Gearing . �ก� + • �� � $���+. �ก� +

    5

    ก#,��� �#L8 : %� � �) 3�+)�/ R8 STU� DW กX�����)�8�*�X3/���+*#+Y

    • L�"�� .�)��� DW � ก�� .���"ก� � .����"��#� ,#��'��S '�(��+,S ���"(L�" .����"��#�,#��� ��$ก� '�(�����,�"�����"ก �( &"� � H���I' ���� DW ����"กS

    • Z)��:3$4 ��[R�+ก # �#� DW\ %�� ��"$�J$��%&"� �L �,J"�"%" .����"��#��(����,#�� (�.�"%"�Q� �# R#����$� ���"(��"�"�"�L &"ก&"$�$����,�ก"�� ��� ��������IS ��� .����"��#�,#������ ��IS$�

    ITD = 5.40 I" ITD42C1404A = 0.60 I" �(�(�,�"%�� ��� 203 , �

    ก#����� 1 : �� ]X �1. 10 ��� ก&"$� .����"��#� =(6-5.4)/5.4 = 11% ก&"$� DW = (0.72-0.6)/0.6 = 20%

    8̀ �� ���:581.�8��ก�X DW ก4 1#$L+ก�X

    �"%"

    �"%"�Q��# R# 4 I"

    ITD = 6.0 I" ITD42C1404A = 0.72 I" �(�(�,�"%�� ��� 193 , �

    ITD = 6.0 I" ITD42C1404A = 0.70 I" �(�(�,�"%�� ��� 183 , �

    ก#����� 2 : �� ]X �1. 20 ��� ก&"$� .����"��#� =(6-5.4)/5.4 = 11% ก&"$� DW = (0.7-0.6)/0.6 = 16.7%

    �,�" �,�"%�� ���

    203 , � �,�"%�� ���

    193 , � �,�"%�� ���

    183 , �

  • 6

    BANPU : BANP42C1406A

    7

    -4.5%26.5Support 2

    -2.7%27Support 1

    27.75Last Price

    +3.6%28.75Resistance 1

    +7.2%29.75Resistance 2

    %PriceBANPU

    9.1 , � "ก .��'�J�"%"� J"��#� DW �(��i�������%J" $� 0.01 I" j"���ก��, �

    0.0011 I" Time Value Decay �J� 1 , �

    3.7%�"%" DW 0.01 I" %#�����ก�� % ����"%" DW

    ��(�"�ก"�BANP42C1406A

  • 8

    BJC : BJC42C1406A

    9

    -4.0%47.5Support 2

    -2.0%48.5Support 1

    49.5Last Price

    +3.0%51Resistance 1

    +10.1%54.5Resistance 2

    %PriceBJC

    4.2 , � "ก .��'�J�"%"� J"��#� DW �(��i�������%J" $� 0.01 I" j"���ก��, �

    0.0024 I" Time Value Decay �J� 1 , �

    1.7%�"%" DW 0.01 I" %#�����ก�� % ����"%" DW

    ��(�"�ก"�BJC42C1406A

  • 10

    CENTEL : CENT42C1406A

    11

    -12.5%26.25Support 2

    -1.7%29.5Support 1

    30Last Price

    +3.3%31Resistance 1

    +5.8%31.75Resistance 2

    %PriceCENTEL

    6.25 , � "ก .��'�J�"%"� J"��#� DW �(��i�������%J" $� 0.01 I" j"���ก��, �

    0.0016 I" Time Value Decay �J� 1 , �

    6.25%�"%" DW 0.01 I" %#�����ก�� % ����"%" DW

    ��(�"�ก"�CENT42C1406A

  • 12

    GLOBAL : GLOB42C1406A

    13

    -12.9%12.2Support 2

    -2.9%13.6Support 1

    14Last Price

    +5.0%14.7Resistance 1

    +8.6%15.2Resistance 2

    %PriceGLOBAL

    5 , � "ก .��'�J�"%"� J"��#� DW �(��i�������%J" $� 0.01 I" j"���ก��, �

    0.0020 I" Time Value Decay �J� 1 , �

    3.7%�"%" DW 0.01 I" %#�����ก�� % ����"%" DW

    ��(�"�ก"�GLOB42C1406A

  • 14

    HMPRO : HMPR42C1406A

    15

    -5.9%9.5Support 2

    -2.9%9.8Support 1

    10.1Last Price

    +2.9%10.4Resistance 1

    +9.9%11.1Resistance 2

    %PriceHMPRO

    7.7 , � "ก .��'�J�"%"� J"��#� DW �(��i�������%J" $� 0.01 I" j"���ก��, �

    0.0013 I" Time Value Decay �J� 1 , �

    5.3%�"%" DW 0.01 I" %#�����ก�� % ����"%" DW

    ��(�"�ก"�HMPR42C1406A

  • 16

    JAS : JAS42C1406A

    17

    -6.1%7.65Support 2

    -1.8%8Support 1

    8.15Last Price

    +3.1%8.4Resistance 1

    +10.4%9Resistance 2

    %PriceJAS

    5.9 , � "ก .��'�J�"%"� J"��#� DW �(��i�������%J" $� 0.01 I" j"���ก��, �

    0.0017 I" Time Value Decay �J� 1 , �

    1.8%�"%" DW 0.01 I" %#�����ก�� % ����"%" DW

    ��(�"�ก"�JAS42C1406A

  • 18

    KKP : KKP42C1406A

    19

    -9.2%42Support 2

    -6.5%43.25Support 1

    46.25Last Price

    +1.6%47Resistance 1

    +10.3%51Resistance 2

    %PriceKKP

    7.7 , � "ก .��'�J�"%"� J"��#� DW �(��i�������%J" $� 0.01 I" j"���ก��, �

    0.0013 I" Time Value Decay �J� 1 , �

    1.7%�"%" DW 0.01 I" %#�����ก�� % ����"%" DW

    ��(�"�ก"�KKP42C1406A

  • 20

    PTTGC : PTTG42C1406A

    21

    -3.2%68.5Support 2

    -1.0%70Support 1

    70.75Last Price

    +3.2%73Resistance 1

    +5.7%74.75Resistance 2

    %PricePTTGC

    3.6 , � "ก .��'�J�"%"� J"��#� DW �(��i�������%J" $� 0.01 I" j"���ก��, �

    0.0028 I" Time Value Decay �J� 1 , �

    1.8%�"%" DW 0.01 I" %#�����ก�� % ����"%" DW

    ��(�"�ก"�PTTG42C1406A

  • 22

    SAMART : SAMA42C1406A

    23

    -10.2%17.7Support 2

    -5.1%18.7Support 1

    19.7Last Price

    +5.1%20.7Resistance 1

    +30.5%25.7Resistance 2

    %PriceSAMART

    4.5 , � "ก .��'�J�"%"� J"��#� DW �(��i�������%J" $� 0.01 I" j"���ก��, �

    0.0022 I" Time Value Decay �J� 1 , �

    1.4%�"%" DW 0.01 I" %#�����ก�� % ����"%" DW

    ��(�"�ก"�SAMA42C1406A

  • 24

    STA : STA42C1406A

    25

    -7.3%13.9Support 2

    -2.6%14.6Support 1

    15Last Price

    +6.7%16Resistance 1

    +15.3%17.3Resistance 2

    %PriceSTA

    8.3 , � "ก .��'�J�"%"� J"��#� DW �(��i�������%J" $� 0.01 I" j"���ก��, �

    0.0012 I" Time Value Decay �J� 1 , �

    2.2%�"%" DW 0.01 I" %#�����ก�� % ����"%" DW

    ��(�"�ก"�STA42C1406A

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