RE:RE:RE:warrants vs stockWrong. Warrants are in the money. Say stock at .67. Exercise price of .30. so they are in the money as the stock trades above .30. Wts at .41 so .67 - .30 = .37. You are paying a time value of .04 (.41-.37) but the wts ARE in the money. Anytime the stock trades above .30 then the wits are in the money.