dw is derivative warrant

dw refer to big cap stock in set50 and set100

dw will have ratio

เช่น

80 unit dw = 1 share of advanc stock

have strike price

http://www.blswarrant.com/th/dashboard.php

u see dash board

symbol

aav01c1506a

aav is aav stock

01 is the number of broker

15 is 2015

06 is month

1506 is expire date of dw

a is series of dw

type has 2 call and put

strike is the reference price to be calculate value of dw

today aav is close at 5.1

call aav strike price is 4

ex. ratio is 1.7

value of dw is 5.1 - 4 / 1.7

0.64

price 0.8 is 2 factors

0.64 is intrinsic value

0.16 is time value

if u buy aav stock 100 share

u pay 5100 bahts

but

u buy dw call aav 100 unit

u pay 800 bahts

when aav price increase 0.5

dw will increase 0.3

dw increase more about 3 times

if aav chart is mark up

u will buy dw aav and take more profit

if aav is down

u will buy dw put aav

and take profit in down phase