Retail Covered Warrants

[Outsider]

And some warrants on DGE, ANL, RBS

TradingLab issued some on RBS, ANL, DGE and also some more on the FTSE100.

For their static details go here

and to see the whole lot nicely laid out on the WarMap

Go fetch ......

 

[Outsider]

Dixons in a fix .... SG has a put warrant

From SG: ---->

Dixons, Britain's biggest retailer of electrical goods made the headlines
this morning, falling 8% after Gordon Brown announced the introduction of a
tax on extended warranties in yesterday's Budget. Dixons stated that the
tax could reduce it's annual profits by £20m.

Brokers have given mixed reactions to the news - some downgrading their
recommendations, with other pointing to a good buying opportunity.

SG has 3 three warrants on Dixons - detailed below - which reacted sharply
to the news. The 200p and 250p Calls fell 27% and 31% respectively, with
the 160p Put rising more than 30%.

Several investors have been speculating on a swift recovery in the shares,
by buying the 200 or 250 calls. The price of Dixons as at 2.30pm was 173p,
down 8.47%


See the warrants on Dixons here

 

[zzaxx99]

Trading online is allegedly available from TODAY, at least via ComDirect, provided you have signed their new more stringent "I understand the risks and know what a derivative is" notice, and fit the suitability criteria

 

[zzaxx99]

Online trading is definitely now available from ComDirect - dunno about others

 

[zzaxx99]

An interesting new development for the UK CW market - Goldman Sachs have introduced two new warrants, the first "Basket" warrants, based on the performance of the 6 stocks that comprise the Daily Torygraph Questor column's "Picks for 2003". They both expire Dec 2003, both are 1 warrant = 1 basket (which I assume means 1 share of each equity in the basket), and both have an exercise price of 100p. G900 is a Call, G901 is a Put.

The shares in question are Reuters, Kingfisher, Compass, JD Wetherspoon, Pilkington and Inchape