Wednesday, April 08, 2009

CWs over foreign stocks & indices

I have tabulated below the CWs over foreign stocks, which are segregated into different markets, i.e. HK, US, Japanese & Singapore. Those CWs which are presented in bold are zero-strike CWs.



I have also presented here the CWs over stock markets' indices, i.e. Hang Seng index, DJIA index and Nikkei 225 index.



The most striking thing I have observed is the lack of any activity in most of the above CWs. For today morning session, I have observed only 6 CWs were traded (CHMOBIL-CD, HKEX-CB, HSI-C6, HSI-C7, PETROCH-CA & Toyota-C2) out of a total of 23 CWs. Those with volume above 100 board lots are highlighted in yellow. In fact, some CWs have not been traded for long stretch of time that the last done price is at a huge discount to the underlying share price (eg. ICBC-C2 & PETROCH-C2).

This lack of interest is likely to persist and it is best to avoid dabbling in CWs over foreign stocks and indices for now.

1 comment:

AC said...

This can be an oppurtunity for person who have big appetite in risky trading. I think it can make some money base on current short term trend.