Naga Scanner

Naga Scanner tool is a search engine to optimise warrant selection. Choose your own of use our recommended criteria. For traders, we recommend a strategy of high Effective Gearing, low Tick Sensitivity and more than a month to expiry.

High Effective Gearing of 8X tells you a 1% move in ABC causes a c.8% move in ABC-CW. Low tick Sensitivity tells you that ABC must move up by 3 ticks (3 cents) to cause a 1 tick movement (RM0.005) in ABC-CW. Time decay is fastest on the final month of a warrant's life.

STEP 1

Select your Warrant or Issuer of Choice

Select Underlying
Select Issuer

STEP 2

  • For Warrant Selection, we at NagaWarrants recommend using the M.E.S.T.I. strategy.
  • (1) Matrix
    - Your warrant must have a Matrix. This is of utmost importance.
  • (2) Effective Gearing
    - High Effective Gearing of 8X tells you a 1% move in ABC causes a c.8% move in ABC-CW.
    - High is good for medium-term traders.
  • (3) Tick Sensitive
    - Few ticks Sensitivity tells you that ABC must move up by 3 ticks (3 cents) to cause a 1 tick movement (RM0.005) in ABC-CW.
    - Fewer ticks to flip is good to quickly enter & exit positions. It means you can break-even & take profit sooner.
  • (4) Time to Maturity
    - Does this warrant suit your time horizon - are you a short-term trader or medium-term trader?
    - Time decay is fastest during the final month of a warrant's life. So avoid trading during the last month before Expiry Date.
  • (5) Issuer
    - And, a trustworthy Issuer that is easily accessible with a Matrix.

STEP 3

Create your own table by switching on or off the fields in the dropdown box below.
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