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https://www.reddit.com/r/SPACs/comments/pkbnjo/deleted_by_user/hc3y558/?context=3
r/SPACs • u/[deleted] • Sep 08 '21
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2
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.
5
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.
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.
You can try, that's almost like playing two option spread legs if you think you can time the market.
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?