Andrew McHattie on Covered Warrants: New Opportunities in an Exciting New Market

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Harriman House Limited, 2002 - Business & Economics - 224 pages
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The traditional company warrants market is set to be eclipsed by a new market which should offer huge opportunities for active investors. Revised regulations have paved the way for a new 'covered warrants' market in London.- The number of warrants available for trading by private investors on the London Stock Exchange (LSE) will multiply many times over.- Warrants will become available on a broad range of blue-chip companies, sector baskets, and on both UK and overseas indices.- Investors will be able to buy both calls and puts.- The vast majority of the new warrants will be exercisable for cash which will mean they can be traded free of stamp duty.This book is intended as a primer for investors new to covered warrants, although more experienced investors may also find some value in the timely information about the formation of the new market in London. Readers used to dealing in traditional listed warrants in the UK will find the new covered warrants quite different. Jargon is unavoidable, but it is explained in the text and in the glossary at the back.
 

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This book is not worth the money, I have learned more about Warrants from the free available resources on the internet.

Contents

lntroduction
3
Overseas Markets
9
History and Development i Out With the Old
23
History and Development ii ln With the New
31
Types Terms of Covered Warrants
39
Pricing and Trading
55
Advantages and Disadvantages
67
Analysis of Covered Warrants i Getting Started
97
Analysis of Covered Warrants ii Advanced
113
Delta
124
Risk
141
Strategies
151
The Future
161
Bibliography
171
Copyright

Common terms and phrases

About the author (2002)

Andrew McHattie (MA Cantab) runs the investment publishing company, The McHattie Group and is chairman of McHattie Investment Management Ltd. He has been the publisher and editor of the Warrants Alert newsletter since 1989, and edits a range of other warrant publications and services including Warrants Alert Professional, The Warrants Directory, and Warrants Magazine.

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