DW (Derivative Warrants) is a financial instrument that gives you the right to buy or sell an underlying asset, like stocks or indices. It is ideal for high-risk speculative investors. DWs are traded on the stock exchange, just like regular stocks, and their price moves in relation to the price of the underlying asset, often referred to as the "underlying stock" or "parent stock."
DWs offer the opportunity to profit in both rising and falling markets. If you expect the market to rise, you can trade Call DW; if you expect it to fall, you can trade Put DW. You can trade in both directions and adjust your strategy flexibly.
Enhance your portfolio's performance with proactive planning in any market condition.
Choose from different DW01 options: Series A for fast traders, Series T for overnight holding, and Series L for long-term holding from weeks to months. Find the one that fits your style See how to Click
No worries during long holidays — investors can hold DWs overnight without time decay. The holding cost is aligned with real investment opportunities. Learn more Click
Follow daily insights on DW01 and investment ideas from Bualuang Securities' expert team via the Wealth Connex app. Install now Click
Choose from different DW01 options: Series A for fast traders, Series T for overnight holding, and Series L for long-term holding from weeks to months. Find the one that fits your style See how to Click
No worries during long holidays — investors can hold DWs overnight without time decay. The holding cost is aligned with real investment opportunities. Learn more Click
Follow daily insights on DW01 and investment ideas from Bualuang Securities' expert team via the Wealth Connex app. Install now Click
Start opening a securities account easily with quick approval and begin investing
1. Prepare your ID card to fill in your information.
2. Apply for a securities account through various channels. See how to Click
• Wealth Connex app / AomWise app / www.bualuang.co.th
• Bangkok Bank Mobile Banking app
• Bualuang Securities branch or Bangkok Bank branch
3. Choose the type of a securities account: Learn more Click
• Cash Balance: Pay the full amount before buying, ideal for beginners.
• Cash Collateral: Pay the full amount within 2 business days.
• Credit Balance: Borrow money to increase purchasing power.
4. Wait for account approval via email.
5. Deposit funds into your account and start investing immediately. Check the fees Click
According to SEC regulations, DWs can have an initial lifespan ranging from 2 months to 2 years. However, most DW issuers typically offer DWs with an initial maturity of around 4 to 7 months.
Technical analysis is recommended as it is more effective for analyzing short-term price movements of the underlying asset—aligning well with DW trading strategies, which require timely decision-making for potential gains.
While DWs are suitable for short-term investment, they should not be held too close to maturity. This is because time decay becomes significantly higher as the expiration date approaches. BLS recommends that the holding period should correspond to the remaining maturity of the DW. Investors are advised not to hold DWs with less than one-fifth of their original maturity remaining, to avoid excessive impact from time decay.
You will receive the cash settlement within 8 business days after the last trading day. The amount will be automatically transferred to your bank account linked to your securities account—the same account used for receiving dividends.
