Core Viewpoint - The semiconductor stock SMIC (00981) has become a market focus, with its stock price showing significant volatility, reflecting clear market divergence in sentiment [1] Price Movement - SMIC's stock price has fluctuated over 21% in the past five days, with a recent increase of 1.35% to 78.6 HKD, reaching a high of 81.4 HKD during the day [1] - Key technical levels include a 10-day moving average at 82.8 HKD and a 30-day moving average at 70.29 HKD, with immediate support at 68 HKD and resistance at 89.1 HKD [1] Technical Indicators - Mixed signals are present in technical indicators, with the RSI at 58 indicating a neutral to strong pattern. Momentum oscillators and rate of change indicators signal buy, while the Williams and stochastic indicators remain neutral [3] - Both MACD and Ichimoku indicators show buy signals, while the Bollinger Bands indicate the stock is trading near the midline [3] Derivative Products - The Fubon call option (19088) offers a leverage of 4.6 times with an exercise price of 88.93 HKD, suitable for investors optimistic about SMIC breaking resistance [3] - The Bank of China call option (18977) provides a leverage of 4.2 times with an exercise price of 88.88 HKD, also appealing to bullish investors [3] - For bearish investors, UBS put option (21404) offers a leverage of 2.6 times with an exercise price of 68.83 HKD, while the Credit Suisse put option (21385) provides a leverage of 2.9 times with favorable conditions [3] Bull and Bear Certificates - UBS bull certificate (63595) offers a leverage of 6.9 times with a redemption price set at 68 HKD, suitable for high-risk tolerant investors [7] - HSBC bull certificate (61585) provides a leverage of 7.1 times with the same redemption price, appealing to lower-risk investors [7] - Recent performance of bear certificates shows significant returns, with gains of 163% and 176% recorded shortly after their launch, highlighting the potential for substantial returns in correct market assessments [7]