Does anybody know how IB margins Hong Kong warrants? Ideally long put plus long underlying would be the same as one call, but it could be margined to make believe like US stocks.
Yes it is a big step to take at once, don't worry I have traded many types of volatility. HK warrants just might be an undertraded market with some ineffcienties in it
I find most of the Asian indexes have over priced vol, which makes it hard on straddle buyers that rarely adjust, although I think true gamma scalping would work on a lot of them. I guess I am looking for truly underpriced vol.