Core Viewpoint - Recent international oil price trends have significantly impacted market sentiment, with CNOOC's stock price showing strength at 20.5 HKD, rising by 3.69% and achieving a trading volume of 2.175 billion HKD, indicating increasing investor interest [1] Technical Analysis - CNOOC's stock price has broken through all major moving averages, with MA10 at 19.81 HKD, MA30 at 19.21 HKD, and MA60 at 19.23 HKD, forming a bullish pattern [1] - Key support levels are identified at 19.6 HKD and a stronger support at 19.2 HKD, while resistance is noted at 21.3 HKD, with a potential target of 21.8 HKD if this resistance is breached [1] - Technical indicators are showing bullish signals, with RSI reaching 68, close to the overbought zone but not extreme, reflecting strong buying momentum [1] - Multiple important indicators such as MACD and Bollinger Bands are signaling buy opportunities, suggesting a potential new upward trend for CNOOC [1] Derivative Products Performance - On October 30, during CNOOC's 2.4% rise, related derivative products performed well, with HSBC call option 17585 up by 22%, UBS bull certificate 59781 up by 19%, and Societe Generale bull certificate 60875 up by 17% [3] - This performance indicates that selecting appropriate derivative tools can effectively amplify returns when the underlying stock shows a clear trend [3] Investment Options - For bullish investors, HSBC call option 17585 with a strike price of 21.93 HKD and a leverage of 10.2 times is recommended due to its relatively low premium [6] - Another option is the Bank of China call option 17599, also with a strike price of 21.93 HKD and a leverage of 10.4 times, which similarly offers low premium characteristics [6] - For bearish investors, UBS put option 19940 with a strike price of 16.68 HKD and a leverage of 9.8 times is suggested, noted for having the lowest premium among similar products [6] Bull and Bear Certificates - Bullish options include UBS bull certificate 54963 with a redemption price of 16.5 HKD and an actual leverage of 5.1 times, providing higher safety despite lower leverage [9] - Another option is Societe Generale bull certificate 58417 with a redemption price of 16.6 HKD and an actual leverage of 5.9 times, noted for its low premium and higher leverage [9] - For bearish strategies, Societe Generale bear certificate 64721 with a redemption price of 22.5 HKD and an actual leverage of 9.1 times is available, recognized for its low premium, suitable for investors expecting a price pullback [9]