Tools

Underlying Price Last Price Bid Volume Warrant Bid Warrant Ask Ask Volume Traded Volume
0.000 RM 0.000 0 RM 0.000 0 RM 0.000 0
LT
LTD

ED

TD

LT - Listing Date

LTD - Last Trading Date

TD - Todays Date

ED - Expiry Date

Bid Price

0.000

0.000 ( 0.00% )

Change(RM)

RM 0.000

Prior

0.040

High

0.000

Last Trade

0.040

%Change

0.00 %

Open

0.000

Low

0.000

Volume (Shares)

000,000

Warrant Terms
Underlying Price Exercise Price (RM) Expiry Date (D-M-Y) Exercise Ratio
1.00 1.00 1 Jan 2017 10
Warrant Code 0000AA
Underlying Stock
Type Null
Expiry Date 00-AAA-0000
Days to Expiry 0 days
Effective Gearing 0.00x
Sensitivity Null
Exercise Price 0.000
Moneyness 0.00
Exercise Ratio 0.00
Issuer AAA
Intrinsic Value per Warrant RM 0.00
Break Even Price at Expiry 0.000
Implied Volatility 0.00
Premium
RM 0.00
Delta RM 0.00
Gamma Null
Theta Null

CALCULATOR

Stock Price
(RM)

Implied Volatility
(%)

Date
(D-M-Y)

SIMULATED RESULTS

Underlying Price
Change
Warrant Price
Warrant Change
Expiry Date
Effective Gearing
Delta
Exercise Price
The above price is the indicative value

Compare Warrant Terms

Select up to 10 warrants. Your default warrant has already been selected below.

Warrant Code
Underlying Stock
Type
Expiry Date
Effective Gearing
Sensitivity
Exercise Price
Exercise Ratio
Moneyness
Issuer
Underlying Price
Last
Bid
Ask
Prior Close
Change (RM)
Change (%)
Volume
Implied Volatility
Premium
Delta
Gamma
Theta
Underlying Stock
Exercise Price
Effective Gearing
Implied Volatility
Type
Exercise Ratio
Delta
Expiry Date

Disclaimer:

1. The actual price of warrants may be different from the prices displayed on this website. Whilst every care has been taken in preparing the information, materials displayed on this website, you are advised to obtain separate independent professional advice before making any decision to trade/invest in warrants.

2. The price of warrants may fluctuate from time to time and there is no guaranteed return on the warrants. Past performance of any warrants is no guide to its future performance. Please consider your own investment objectives, risk tolerance level, and read the relevant terms and conditions of the warrants offered before making any investment decision.

3. The warrant price is provided for your personal use and is intended for information purpose only and does not constitute an offer, a solicitation, an advice, a recommendation or an indication to buy or sell the underlying securities or warrant. Kenanga shall not be liable for the accuracy or completeness of any information or for any loss or damage however caused arising in connection with any information displayed, including without limitation , any direct, indirect, special or consequential loss and loss of profits whether in part or full.

Date Warrant Price (RM) Implied Volatility (%) Average Implied Volatility of Similar Warrants in Market
To use the Cash Settlement Calculator tool, key-in your inputs in the 2 grey boxes (5-day VWAP and number of warrants you have purchased).
The Calculator will automatically calculate Your Settlement Price and Your Cash Settlement Amount.
Warrant
5-day VWAP (RM)
Quantity of warrants held (units)

Warrant Terms

Exercise Price
Exercise Ratio

Settlement

Your Settlement Price (RM)
Cash Settlement Amount (RM)
A Quick Guide to Cash Settlement on Expiry!
What happens on expiry?
- When Cash Settlement price > Exercise price = In-The-Money (ITM). Warrant will have value at expiry & automatically be exercised.
- When Cash Settlement price < Exercise price = Out-of-The-Money (OTM). Warrant expires worthless.

If you are interested, here is the formula behind the tool above.
Say, you purchased 100,000 XYZ-C1 warrants.
Exercise price: RM5.70
Exercise ratio: 4 warrants to 1 mother share (aka underlying)

Your Cash Settlement Amount = Number of XYZ-C1 exercised x [(Cash Settlement Price - Exercise Price) / Exercise Ratio ] = 100,000 x
[(6.00-5.70) / 4] = RM7,500 approx

  • The Cash Settlement Price of RM6.00 is the average daily volume weighted average price (VWAP) of the ordinary shares of CIMB for the five (5) market days prior to and including the market day immediately before the Expiry Date.
  • The Cash Settlement Amount will be delivered to you via cheque by ordinary post within 7 market days from the Expiry Date.