[sgbuffett]

Warrant is sure lose. But I notice DLC with longer expiry move just like stock, like this Cuuw, it move in like with index. Index up now nany %, it move likewise X7. Don’t u think is good tool to hold ug u r catching bottom?

Because it is a long only....I can guess how they construct this....when they pad with premium.

Up 1% product go up 6.9%
Down 1% product goes down 7.1%...

It may be 6.5% and 7.5%∆
Or 6% and 8%....to really shave you off.

If can buy a futures contract 
CFDs are next best thing.

But premium padded products are not transparent they operate like scams  heavily loaded against the player.