Core Viewpoint - SMIC (00981) is exhibiting a strong technical trend with a clear bullish pattern in its stock price, currently at 63.1 HKD, having reached a high of 65 HKD during the day but is now down 0.47% [1] Technical Analysis - The RSI reading for SMIC is at 69, nearing the overbought zone, while moving averages are in a bullish arrangement with MA10 at 60.17 HKD, MA30 at 55.68 HKD, and MA60 at 51.06 HKD, indicating strong support [1] - Both MACD and Bollinger Bands are signaling buy opportunities, although multiple moving average signals suggest a "strong sell" [1] - Recent support levels are identified at 58.1 HKD and 53.7 HKD, with resistance at 67 HKD; a breakthrough could target 68.9 HKD [3] Volatility and Trading Opportunities - The stock has shown a 5-day volatility of 14.4%, indicating high potential for short-term trading opportunities [3] - On September 8, when SMIC's stock rose by 3.78%, related derivatives performed well, with HSBC's bull certificate (65625) and UBS's bull certificate (68668) achieving a 22% increase [3] Derivative Products - Investors bullish on SMIC may consider the UBS call option (15022) with a strike price of 66.93 HKD and a leverage of 4.8x, or the Societe Generale call option (19953) with a leverage of 4.6x [5] - For bearish investors, UBS's put option (20320) and HSBC's put option (20114) with a strike price of 52.45 HKD and approximately 2.5x leverage are recommended [5] - In terms of bull and bear certificates, UBS's bull certificate (69405) with a buyback price of 55 HKD and a leverage of 6.8x is favorable, while Societe Generale's bear certificate (58427) and UBS's bear certificate (59447) have a buyback price of 70 HKD and leverage around 9x [5]