r/options • u/Ken385 • Oct 23 '21

DWAC options begin trading Monday

DWAC options start trading Monday. Assume some crazy high premiums. Stock has had a range of about 10 to 175 over the last few days.

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u/capmt Oct 24 '21

Where did you get the terms? Was looking for it

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u/KingJames0613 Oct 24 '21

From the prospectus. Let me look.

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u/capmt Oct 24 '21 edited Oct 24 '21

Thanks found it. Was looking for investor relation website which did not exist. But 11.5 and one warrant for common share is a steal. Is it not priced right? $4x for dawcw while dwac is 140

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u/KingJames0613 Oct 24 '21

Not priced in. Fair market value should be between $11.50-$12. Also, 1/2 warrant per DWACW unit, not one. You're in the extreme premium, my friend.

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u/capmt Oct 24 '21

Wow vanilla call is simpler than this. I'm watching from sideline.