Call Warrant updates as at December 1

Call warrants have continued to rise. Their prices have increased by an average of 9.70% from November 29 while the underlying share prices have gained 1.77% during the same period (see Table 1 below).

When you compared call warrants' premium as at today with that of November 29 (2 days ago), you would notice that the average premium have decreased marginally from 11.27% to 10.95%. This small decline reflects my observations that some call warrants are beginning to experience some buying exhaustion.

Table 1: Changes in Call warrants' prices, underlying share prices & premium from Nov 29 to Dec 1

The usual Call Warrants update is posted here for your easy reference. The cheap call warrants are highlighted in yellow while 2 call warrants that due to expire in January 2007 (i.e. Astro-CA & Scomi-CA), have their expiry dates highlighted in pink.



Table 2: Call warrants' intrinsic value & premium as at Dec 1