Tuesday, June 12, 2012
This stock is very interesting. Moving averages indicates that it is on a uptrend. Currently challenging the top of the resistance. Check out the call warrants. Most are reasonably priced. If it breaks to the upside, then by theory, the projected upside is about RM0.35 @ RM2.65. At this price, if SKPETRO-CD trades at 0% premium, then it will trade at 0.25 or an upside of 50% at current price.
So, I have shown to you have to use the Warrant Calculator.
Some traders like to use option valuation to value them. My personal opinion, forget about the Greeks (Alpha, Beta, Gamma). It's only good for someone else thesis.