Hi slash, the more I look into it the more these warrants seem to be effective as a vehicle for leverage rather than for insurance. They provide almost the same protection as a basic stop-loss order at a fixed trigger price - except that the trigger prices is set by citi, whereas with a stop-loss order I can name my trigger price. The one advantage the warrant has is in the case where the price gaps down past the stop-loss price, where the warrant effectively gets you out at the stop-loss price whereas you stop-loss order will either not execute or will sell you out at the opening price depending on how you set it. I never use stop-loss orders either.
I have looked at CFDs before but haven't gone to the trouble of setting them up on my SMSF. In the end, I think they also are best for leverage rather than insurance. I can't actually figure a way to use either product to give me better downside protection than simply reducing my holding of the base shares.
- Forums
- ASX - By Stock
- SRX
- Downside protection
Downside protection, page-6
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRX (ASX) to my watchlist
|
|||||
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.79M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 15.5¢ | $154.1K | 994.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 270264 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 3106576 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 270264 | 0.155 |
15 | 3955477 | 0.150 |
5 | 735275 | 0.145 |
1 | 60000 | 0.140 |
1 | 153846 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 3106576 | 27 |
0.165 | 393236 | 9 |
0.170 | 99369 | 3 |
0.175 | 165000 | 1 |
0.180 | 41441 | 2 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
SRX (ASX) Chart |