Inverse products that bet’fall’ on rising stock prices are also popular
Reporter Kim Jong-woo [email protected]
Input: 2021-01-10 13:18:29Revision: 2021-01-10 13:18:29Posted: 2021-01-10 13:19:01
Although the KOSPI continues its all-time high, more investors are betting on the decline. The photo shows the dealing room of KB Kookmin Bank in Yeouido, Seoul. yunhap news
The KOSPI continues to march to an all-time high due to the investment craze, but more and more investors are betting on a’stock price decline’. The’Inverse’ product, which invests in the possibility of’adjustment’ as the stock market is overheated, is gaining popularity.
According to the financial investment industry on the 10th, individual investors net purchased KODEX200 Futures Inverse 2X (hereinafter referred to as Inverse 2X) ETF of 255 billion won from the 4th to the 8th. Inverse 2X investment is the number one individual net purchase amount, which is more than the’TIGER KRX Secondary Battery K-New Deal’ (190.8 billion won), which increased investment due to the’battery craze’.
Last year, Inverse 2X recorded an overwhelming No. 1 product with net purchases of 3.5826 trillion won by individual investors, and did not miss the No. 1 position in the new year. Inverse 2X is a product with higher profits as the stock price declines. It is designed to track the daily rate of return of the KOSPI 200 index twice daily.
Individual investors net bought Inverse 2X for more than 100 billion won for 8 days, which exceeded the 3,100 line, just a day after the KOSPI broke the 3,000 line. The higher the stock price, the higher the possibility of a decline.
However, as the Kospi Shingo march continues, investors who bet on’correction’ are losing money. While the KOSPI 200 index rose 32.5% last year, the Inverse 2X declined 58.78%, and in the first week of the new year (4-8 days) trading also showed a 22.7% loss rate.
The continued inflow of funds to Inverse 2X attracts even more attention as it took place in a situation where the transaction threshold was raised in the new year. Investors who have traded leveraged ETFs since September of last year can place buy orders only after receiving online pre-training operated by the Financial Investment Education Institute from the 4th of this year and entrusting the basic deposit.
The basic deposit is divided into three stages and applied differentially. For the first transaction, the basic deposit is 10 million won (2nd grade), and the deposit is exempted or reinforced up to 30 million won according to the application criteria set by the securities company in consideration of the purpose of investment, investment experience, and credit status. Reporter Kim Jong-woo [email protected]