GREY:NEVDQ - Post by User
Comment by
Notgnuon Jun 23, 2021 8:21pm
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Post# 33439138
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Warrants now leading the stonk >>>
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Warrants now leading the stonk >>>If the stock trades at 20 cents / 2 dollars consolidated then my first series warrants expire valueless. If the stock is 21 cents / $2.10 and above then I either sell them or excersize them depending on the market in the last week or so.
So short answer.. yes, total loss in that case.
Think of it this way: Buying warrants is like buying the increase in the share price. You have to pay for that right. That is the time value of your option. The option is worthless if the share is not trading above the option price at expirey but the price you pay for the option gives you big leaverage to the upside. I am just highly levered.
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Newtrader1982 wrote:
so are you saying if the warrants are worthless you will exercise them or just eat the loss?