Warrants

[#1]

Dear All, I would like to know if warrants present the greatest risk and highest rewards instrument available on the JSE?

[#2]

I think so You have to be quite spot on with wave tho ... great rewared if u get it right tho

[#3]

Dear Simon, what is your opinion?

[Russ]

And Simon,is the matrix correct for topsbo and topsbw at current levels?It seems way off to me compared to bids and offers for these warrants.Am I missing something?

[john_1]

Futures carry the highest risk as there is the potential to lose more than your investment. reward is determined by the gearing and this varries with warrents from x2 to x150 for waves close to the barrier.

[#6]

warrant issuer (sfm) is not in the market

[SimonPB]

Russ, remember that topi warrants/waves are priced off the alsi futures, not the topi spot.