推荐回答(3个)
我先说行权的概念,
这里说的都是认购权证,投资者在行权期内行驶以行权价(认购价)按一定的行权比例认购该公司A股股票的权利,即为行权
那么第一点,权证的价值要看在其行权期内正股和行权价之间的关系
目前距其行权期仍有一段时间,
尽管现在上汽的正股低于行权价,
只要存在行权期内正股价高于行权价的可能,这个权证就是有价值的;
第二点,既然权证是有价值的,就也得有价格
至于是否会有人来抢着买,是取决于权证的价格的
就是说如果价格足够低,一定会有人来抢着买;
如果价格足够高,大家一定会抢着卖。
对于江铜的疑问,
第一,江铜权证的行权期,是2010年10月4日到2010年10月9日,
因此你看的股价33.04,不代表一年多以后正股价格仍保持这个水平
当然,一年后正股价仍高于行权价的可能性会高很多;
第二,江铜权证的行权比例是4:1,就是说4份权证可以认购1股股票,
我现在实时看到的江铜权证价格是4.94,四份的价格就是19.76,而江铜正股价目前是34.5,行权价是15.4,两者之差是19.1。也就是说,假设买入权证,立刻行权,然后卖出股票,也是亏损的。(实际上现在还不能行权)
第三,股票的价格会波动,权证的价格也会波动,假设你认为某权证的价格在未来会涨,即使你无意行权,也可以通过低买高卖获得价差收益。
第四,在股票除股除息以后,该公司也是可以调整行权价和行权比例的。
那么基本就明白了,只要有人觉得上汽正股价与行权价的价差在未来的行权期能超过其权证的价格(上汽行权比例为1:1),或者权证价格能在未来上升,就可能会买;
如果有人觉得江铜正股价与行权价的价差在未来的行权期无法超过其权证价格的4倍,或者权证价格在未来没什么上升的可能,或者说其预期收益基本没法满足自己要求的收益率,就不会买。
另外两个概念跟这个问题没有直接的关系,
杠杆一般指通过负债的方式借入资金,用来进行投资;
溢价指因为某种因素而使得其价格上升的部分
我举个例子,假如香蕉本来2块钱1根,
突然这时候有科学证实香蕉能预防感冒
这时候大家都去买香蕉,香蕉价格可能就升到3块钱一根了
这溢出来的1块钱就是香蕉的预防疾病的溢价。
你说的对呀,所以当初你买了江西铜权证就赚了,若不幸买了上海汽车权证就赔了。
一般来说: 正股涨认购权证也涨,正股跌认购权证也会跌,他们成正比关系。
认购价格是投资者认购金融工具的价格,即投资者在发行市场上购买金融工具时实际支付的价格。除代销方式下由发行人确定外,认购价格均由中介机构确定。认购价格也分为平价、折价和溢价三种。
正股级是干部序列中较低的职务级别,所处位置是:科员、股、科(乡镇)、处(县)、厅(地、市、局)、部(省)、总理。
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