Derivative Warrants

Derivative Warrants
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An opportunity to generate returns in any market condition with DWs/h5>

An opportunity to generate returns in any market condition with DWs


Derivative Warrants (DW) are appropriate for investors who wish to restrict their possible losses while increasing their profit potential. Furthermore, they provide leverage, enabling you to begin investing with a small amount of money without the requirement for collateral. You may also purchase and sell DW in real-time from your normal stock investing account, allowing you to benefit in both rising and declining markets.

You can profit from both rising and falling markets with two types of DW:

  1. Call DW: The price of DW will increase as the price of the underlying security rises.
  2. Put DW: The price of DW will rise as the price of the underlying security falls.

DW may now be linked to a broad variety of underlying assets, including Thai equities in the SET100, Thai stock indexes, overseas stock indices, and foreign stocks, making it an investing instrument that anybody can utilize to develop flexible investment strategies.

Before investing in DWs, it’s important to review the pricing table and consider key factors such as leverage ratio, time decay, sensitivity, and expiration date.


Strong Financial Backing

DW01 is backed by a solid capital base as BLS holds an AA credit rating from TRIS Rating.

Greater Investment Potential

Amplify your investment opportunities with 
lower capital outlay through a wide range 
of DW01 series.

Advisory Services Available

Get guidance from professionals and access advanced tools.

Strong Financial Backing

DW01 is backed by a solid capital base as BLS holds an AA credit rating from TRIS Rating.

Greater Investment Potential

Amplify your investment opportunities with 
lower capital outlay through a wide range 
of DW01 series.

Advisory Services Available

Get guidance from professionals and access advanced tools.


Want to Invest in DW? Start Here

Want to Invest in DW? Start Here


For New Customer
For BLS Customer

Open securities account online with Bualuang Securities – quick and easy, no paperwork required! Just follow 3 simple steps and get approved in 15 minutes.

How to Open an Account

  • Gearing  Provides higher return potential compared to investing directly in the underlying asset.
  • Upside and Downside Trading  A tool for generating profit in both rising and falling markets.
  • Portfolio Insurance Can be used to hedge against risks in your investment portfolio.
  • Lower Minimum Initial Investment  Requires less capital than investing in the underlying asset.

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.