Checking if Covered Warrants are good value

bullboy8

Active member
Messages
111
Likes
0
Hi Guys

I'm looking to trade Covered Warrants and read something that Covered Warrants are very expensive i.e. there are cheaper alternatives (options via LIFFE). There's also the theory that they are priced extremely high at launch and near expiry they get cheap so they double sting the any investors looking to cash out.

I'm interested in the hedging my other investments so looking at FTSE 100 puts...in particularly the:

FTSE 100
Put
6,000.00
16/12/2016
ask £0.1104

https://sglistedproducts.co.uk/warrant?uType=INDEX&uId=MLP-UNITED_KINGDOM-FTSE&uName=FTSE 100

Therefore to check if CW represents good value, I would like to see how much a FTSE 100 put expiring 16/12/16 is priced at.....hoping it's around £.1104.....have I got it right? If so, where can I check the price of these options from?

Looking for leveraged products that is allowed in a SIPP.
 
Last edited:
Top