I have been watching JAS-W3 today and i see, that despite a falling market JAS has rallied and so to has the call warrant. Interesting that JAS is up around 3.5% but the warrant is up more than 9%. It is encouraging to know that if the SET is a sea of red there are still opportunities to profit.
If you are trading warrants it is essential that you learn how to use trailing stops. The stop will track up as the warrant rallies and if it falls you will sell out automatically retaining your profit.
I made money on BEAU01P1701A last week. I could see that the underlying company was still rallying into a falling market. I made over 15% in two days. Note that this is a put warrant not a call warrant. That is, you make money when the price of the underlying share is going DOWN. In my humble opinion, now is the time to be shopping around for put warrants. Most of the market is still bullish. A big correct could easily come in October. That is the historical month for crashes right?
I see that on friday JAS-W3 closed at 3.20 baht. That is just over 610% increase since March. Pretty amazing increase given that the long shelf life of the warrant. There is still more than 3 years until the expiry date.