View of The Day: Warrants on 941: China Mobile

I believe while in the medium term (6 months), 941 China Mobile should still be on a downtrend, it does not rule out short-term rebound so I suggest:

Pick a few calls and once it rebounds and then we buy puts and take advantage of the gravitational pull. See my list below.

There're technical grounds on which I make the above conclusion but conventional wisdom also says Sell in May and Go Away. Worth listening to it.

Calls:
16342 Macquarie
19134 BA-Merill Lynch
20047 BNP
21526 Macquarie

Puts:
19136 BA-Merill Lynch
19230 Credit Suisse
20493 HSBC

Happy Investing!