Quantitative Researcher, MRM Research

Nico Rosti

Quantitative Researcher

MRM Research

Quantitative Research

Equity Derivatives

<ul>
<li>The <a href="https://www.smartkarma.com/entities/s-p-asx-200" target="_blank" data-smartkarma-citation="entities:22901:1" rel="noopener">S&amp;P/ASX 200 INDEX</a> has been stuck in the 7000-7400 range for the past 16 weeks.</li>
<li>If the index continues to be trendless for some more weeks, it's possible to profit from repeatedly writing Covered Calls against ASX 200 index holdings.</li>
<li>Strike target areas for Covered Calls begin in the 7319-7409 (July 20 expiry). Deeper OTM Strikes are safe,  but the premiums are smaller.</li>
</ul>


The S&amp;P/ASX 200 INDEX has been stuck in the 7000-7400 range for the past 16 weeks.
If the index continues to be trendless for some more weeks, it's possible to profit from repeatedly writing Covered Calls against ASX 200 index holdings.
Strike target areas for Covered Calls begin in the 7319-7409 (July 20 expiry). Deeper OTM Strikes are safe,  but the premiums are smaller.


EQD | S&P/ASX200: Ideas to Profit From a Directionless Market

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Jul 28th (reported today) which has an aggregated short interest worth USD16.3bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Woodside Energy, NAB, Macquarie, BHP, CSL, Northern Star Re.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Jul 28th (reported today) which has an aggregated short interest worth USD16.3bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Woodside Energy, NAB, Macquarie, BHP, CSL, Northern Star Re.


ASX Short Interest Weekly (Jul 28th): Woodside Energy, NAB, Macquarie, BHP, CSL, Northern Star Re

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

NTT (Nippon Telegraph & Telephone) / Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/nippon-telegraph-telephone-corporation" target="_blank" data-smartkarma-citation="entities:623:1" rel="noopener">NTT (9432 JP)</a> will likely buy back more shares than previously expected as the government sells shares down. Buy dips vs peers KDDI and Softbank Corp. This is a long-term tilt.</li>
<li>There are some doubts over the fate of <a href="https://www.smartkarma.com/entities/delta-electronics-thai-pcl" target="_blank" data-smartkarma-citation="entities:20912:1" rel="noopener">Delta Electronics Thai (DELTA TB)</a>'s SET50 membership, at present, but it should escape deletion in December 2023. </li>
<li>Don't punt <a href="https://www.smartkarma.com/entities/fortescue-metals-group-ltd" target="_blank" data-smartkarma-citation="entities:41:1" rel="noopener">Fortescue Metals (FMG AU)</a> on the off-chance of a change of control in the wake pf the Forrest split. If anything, there might be a leakage of shares.</li>
</ul>



NTT (9432 JP) will likely buy back more shares than previously expected as the government sells shares down. Buy dips vs peers KDDI and Softbank Corp. This is a long-term tilt.
There are some doubts over the fate of Delta Electronics Thai (DELTA TB)'s SET50 membership, at present, but it should escape deletion in December 2023. 
Don't punt Fortescue Metals (FMG AU) on the off-chance of a change of control in the wake pf the Forrest split. If anything, there might be a leakage of shares.


Last Week in Event SPACE: NTT, Delta Electronics, Fortescue Metals, Nomura Real Estate

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Jul 21st (reported today) which has an aggregated short interest worth USD16.3bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in BHP, ANZ, Endeavour, South32, Mineral Resource, Igo, Woodside Energy, Northern Star Re, Whitehaven Coal.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Jul 21st (reported today) which has an aggregated short interest worth USD16.3bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in BHP, ANZ, Endeavour, South32, Mineral Resource, Igo, Woodside Energy, Northern Star Re, Whitehaven Coal.


ASX Short Interest Weekly (Jul 21st): BHP, ANZ, Endeavour, South32, Mineral Resource, Igo, Woodside

<ul>
<li>Prior to recent developments, Andrew Forrest held a 36.25% stake in <a href="https://www.smartkarma.com/entities/fortescue-metals-group-ltd" target="_blank" data-smartkarma-citation="entities:41:1" rel="noopener">Fortescue Metals (FMG AU)</a>.</li>
<li>An ASIC shareholder disclosure into the giant iron-ore miner earlier this year fuelled speculation, culminating in an ASX notice Andrew was separating from his wife after 31 years of marriage. </li>
<li>A private statement assures there will be no impact on the control of FMG. But that won't put a stop to the rumour mill.</li>
</ul>


Prior to recent developments, Andrew Forrest held a 36.25% stake in Fortescue Metals (FMG AU).
An ASIC shareholder disclosure into the giant iron-ore miner earlier this year fuelled speculation, culminating in an ASX notice Andrew was separating from his wife after 31 years of marriage. 
A private statement assures there will be no impact on the control of FMG. But that won't put a stop to the rumour mill.


Australia

Fortescue Metals Group Ltd. explores for and produces iron ore. The Company conducts business worldwide.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Fortescue Metals (FMG AU)

EQD | S&P/ASX200: Ideas to Profit From a Directionless Market

Overall it seems the index for now is respecting the prediction we made 3 weeks ago: directionless, shortable - but also you can go LONG when the...

Nico Rosti

ASX Short Interest Weekly (Jul 28th): Woodside Energy, NAB, Macquarie, BHP, CSL, Northern Star Re

We estimate the ASX short interests to be USD 16.2bn and highlight short interest changes in Woodside Energy, NAB, Macquarie, BHP, CSL, Northern...

Ke Yan, CFA, FRM

Last Week in Event SPACE: NTT, Delta Electronics, Fortescue Metals, Nomura Real Estate

The weekend is here! Pour yourself a coffee, grab a comfortable seat, and sift through a brief summary of insights on various events discussed...

David Blennerhassett

ASX Short Interest Weekly (Jul 21st): BHP, ANZ, Endeavour, South32, Mineral Resource, Igo, Woodside

We analyzed ASX short interest report for the past week and highlight short interest changes in BHP, ANZ, Endeavour, South32, Mineral Resource,...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

EQD | S&P/ASX200: Ideas to Profit From a Directionless Market

Overall it seems the index for now is respecting the prediction we made 3 weeks ago: directionless, shortable - but also you can go LONG when the...

Nico Rosti

ASX Short Interest Weekly (Jul 28th): Woodside Energy, NAB, Macquarie, BHP, CSL, Northern Star Re

We estimate the ASX short interests to be USD 16.2bn and highlight short interest changes in Woodside Energy, NAB, Macquarie, BHP, CSL, Northern...

Ke Yan, CFA, FRM

Last Week in Event SPACE: NTT, Delta Electronics, Fortescue Metals, Nomura Real Estate

The weekend is here! Pour yourself a coffee, grab a comfortable seat, and sift through a brief summary of insights on various events discussed...

David Blennerhassett

ASX Short Interest Weekly (Jul 21st): BHP, ANZ, Endeavour, South32, Mineral Resource, Igo, Woodside

We analyzed ASX short interest report for the past week and highlight short interest changes in BHP, ANZ, Endeavour, South32, Mineral Resource,...

Ke Yan, CFA, FRM

Fortescue: Twiggy's Share Separation

If anything, there might be leakage of shares going forward. Shares are trading slightly above the five-year averages. I'd probably tilt bearish...

David Blennerhassett