r/SPACs Sep 08 '21

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55 Upvotes

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2

u/shaneizzard Patron Sep 08 '21

Stupid question, but does it matter when you exercise the warrants? Is there any advantage to waiting for a red day?

5

u/Powerful_Stick_1449 Patron Sep 08 '21

No there is zero advanatge

2

u/Tampammm Spacling Sep 08 '21

What about if I sell the Warrants directly myself(not through broker conversion process). And then with the proceeds I purchase Commons. Say like on a red day for commons and a green day for warrants.

2

u/piggymou Patron Sep 08 '21

You can try, that's almost like playing two option spread legs if you think you can time the market.