Note:
Implied Volatility:	this is calculated from the Black-Scholes option pricing model. The lower the percentage of the implied volatility suggests the cheaper the warrant price paid. For deep-in-the-money or deep-out-of-money warrants, this figure will be meaningless.
Delta:	this figure has taken into the effect of the conversion ratio as a multiplier. A value of 0.6 means that when the underlying price changes by 1, the warrant changes by about 0.6 times conversion ratio.
Gearing:	a value of 10 means that, on a per-share basis, to invest in warrants will require 10 times less money than to invest in the underlying share.
Premium:	5% means that the cost of buying warrants and exercising them immediately to get the underlying stock is 5% more expensive than the cost of buying the underlying stock in the market.
Moneyness:	a measurement of the degree to which a warrant is In-the-money (Moneyness = Positive), At-the-money (Moneyness = 0) or Out-of-the-money (Moneyness = Negative). Call Warrants: Moneyness = (Spot Price - Strike Price) / Strike Price*100% Put Warrants: Moneyness = (Strike Price - Spot Price) / Strike Price*100%

HK quotes are delayed by at least 15 minutes, US indices are delayed by at least 15 minutes, however, calculations on implied volatility, delta, gearing and premium are based on 15-minute delayed price quotes.

The above information is provided for reference only and based on delayed price quotes or information. KGI and relevant third parties endeavour to ensure the accuracy and reliability of such information provided but do not guarantee its accuracy or reliability and accepts no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions. Such information is not intended to provide professional, investment or any advice or recommendation and should not be relied upon as such. You should obtain your own professional or other advice where and when necessary.