Group 1 - The article discusses the analysis of various derivative products related to specific stocks, focusing on options and warrants, to help investors understand their choices when considering investments in these products [1][4][5] - The first stock analyzed is China Construction Bank (00939), which has shown a price recovery, with a current resistance level at 7.71 HKD, and a target price of 8 HKD requiring a breakthrough of this resistance [3][4] - For products with exercise prices around 8 HKD, there are several options available, with a range of leverage from 5.7 to 6.2 times, and implied volatility between 24.9% and 27% [4][5] Group 2 - The second stock discussed is Kuaishou (01024), which has recently stabilized after a decline, showing a predominance of buy signals with 10 buy signals against 3 sell signals [8][9] - There are limited options for near-the-money products, with only one suitable product in the 70-75 HKD range, while more options exist for products with exercise prices around 88 HKD, which are set to expire in July 2026 [8][9] - The products with an exercise price of 88 HKD have an implied volatility of around 53% and a premium range of 30.3% to 31.5% [9][10] Group 3 - The third stock is Mixue Ice Cream (02097), which has seen a significant price increase recently, but the technical signals indicate a sell recommendation with 9 sell signals against 5 buy signals [13][14] - The available products are limited, with the closest exercise price at 508 HKD showing a high out-of-the-money percentage of 14.4%, and other options at 530 HKD with a 19.5% out-of-the-money percentage [13][14] - It is suggested that investors wait for more suitable products with lower out-of-the-money percentages before making a decision [14] Group 4 - The fourth stock analyzed is New China Life Insurance (01336), which has shown a price increase from 40.46 HKD to 52.75 HKD, with a current resistance level at 56.8 HKD [15][18] - There are limited product options available, with only one in-the-money product and four out-of-the-money products with exercise prices around 55-56 HKD, showing leverage between 2.2 to 2.4 times [18][19] - The implied volatility for these products varies significantly, with some reaching up to 82.1%, indicating a need for careful selection based on volatility and premium differences [19] Group 5 - The fifth stock is Jiangxi Copper (00358), which has experienced a decline, but some investors believe it may rebound [22][23] - There are both in-the-money and out-of-the-money products available, with in-the-money products showing leverage between 3.9 to 4.1 times, which is considered favorable [22][23] - The article emphasizes that in-the-money products can be competitive and should be considered alongside out-of-the-money options [23] Group 6 - The sixth stock discussed is GAC Group (02238), which has shown a strong price performance but has limited suitable derivative product options available [24][27] - Investors are advised to either wait for better product offerings or consider investing directly in the stock due to the lack of attractive derivative products [27]