Call Warrant updates as at December 5

Call warrants have continued to rise. Their prices have increased by an average of 10.46% from December 1 while the underlying share prices have gained 1.33% during the same period (see Table 1 below).

In my last Call Warrant updates as at December 1, I have observed that the average premium have decreased marginally from 11.27% to 10.95%. In this update, you will see that the average premium has increased to 11.50%.

Table 1: Changes in Call warrants' prices, underlying share prices & premium from Dec 1 to Dec 5

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 are due to expire in January 2007 (i.e. Astro-CA & Scomi-CA), have their expiry dates highlighted in pink. I have also highlighted the expiry dates of the 4 call warrants that due are to expire from February to April 2007 (i.e. BJToto-CA, Bursa-CA, IOI-CA & TM-CB) in orange.



Table 2: Call warrants' intrinsic value & premium as at Dec 5