[Hey guys, a special treat today. One of our Warrant Observer members, Theo, (disregard the “by Steven Adams” at the bottom) has come up with an idea on a SPAC ETF. As always, nothing in the blog post is a recommendation to buy or sell any security, option, warrant, etc. The ideas here are for […]
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Because, did you see Jaws? A friend asked me why I see SPAC warrants like sharks. Because they lurk, just like the shark in Jaws, just beneath the water. And, then when the time is right…they LUNGE upward. But, instead of a bloody mess, we get profits…a much better outcome for all involved. Before we dive into […]
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We do many kinds of warrant trades at StockWarrantsHQ. But most of them have one thing in common…they are tied to a pattern. With our SPACfolio/Shark Week ideas, there is a reason we buy these pre-deal announcement warrants. And, it’s because of the pattern. In the vast majority of pre-deal announcement SPAC warrants, as long […]
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Much to the surprise of many warrant holders, DraftKings (DKNG) announced they were redeeming their publicly traded warrants earlier today. Doubtless many holders of the 5 year warrant were thinking, “Wait a minute, these are 5 year warrants…what the…???” Unfortunately, like most SPACs (special purpose acquisition companies) that go public today, there was a redemption […]
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My little group of warrant traders have feasted on the VectoIQ trade the past few days. We had been in the warrants since before the acquisition announcement, picking them up at $0.80. We then sold on the announcement of the acquisition, a common pattern, and waited for a good re-entry. That came over the last […]
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