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Old 08-02-2021, 01:08 PM
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Bored5000 Bored5000 is offline
Eddie S.
Eddie Smi.th
 
Join Date: Nov 2012
Location: Fleetwood, Pa.
Posts: 1,265
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Quote:
Originally Posted by packs View Post
Do people usually buy that many warrants? Why not options if buying 300?
I have never done anything with options, but I don't think it is unusual to buy hundreds or even thousands of warrants. It seems like a bunch of other people do the same thing from I read on the different boards pertaining to the SPACS I have.

A big advantage of holding warrants over options is that the stock has to trade above $18 a share for 20 out of 30 days before the warrants are callable. The warrants don't expire for five years if they are not called (they can still be sold by the owner at any point in that five year period if so desired).
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Last edited by Bored5000; 08-02-2021 at 01:12 PM.
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