The Best Way to Find Stock Warrants in 2021

One of the first questions I’m asked by investors / traders interested in stock warrants, or equity warrants, is “how do I find warrants to trade or invest in?”

First, simply subscribe to The Warrant Observer, and get a complete list of warrants trading in the U.S. You’ll also get the monthly newsletter, focused exclusively on warrant trading and investing, as well as exclusive content designed for warrant traders and investors.

If you’re not quite ready for a Warrant Observer membership, you can get on my free weekly watchlist of stock warrants. This is the easiest way to get started. Or, if you’re already following warrants, this is a great way to find new profitable warrants that are actively trading.

After getting on the free list of stock warrants available and actively trading, this is how I find stock warrants:

1. Putting Together Your List of Stock Warrants

There are many ways to find outstanding stock warrants, or equity warrants. New stock warrants are listed on a regular basis, so if you want to be up-to-date on what warrants are trading you need to set up a system to capture the newest listings.

SPACs, or Special Purpose Acquisition Companies, are growing in popularity and regularly have IPOs. Most SPACs have warrants listed with them.

Warrants list on both the New York Stock Exchange (NYSE) and the Nasdaq exchange. Many warrants are listed in the Over the Counter market (OTC) as well.

There is no universal format for a warrant listing. Often the warrant symbol will be the symbol of the underlying with a “W” attached to the end. For example, Adial Pharmaceutical warrants, trade under the symbol ADILW, while the common stock trades under the symbol ADIL.

Sometimes a “WS” is attached to the end of the underlying symbol. For example, American International Group, or AIG warrants trade under the symbol AIGWS.

Other times a letter representing the class of warrant may be attached. So a Class A warrant may be listed as the underlying with an “A” on the end, or ABCDA.

2. Finding Stock Warrants Listed on Exchanges

Warrants that are currently listed for trading can be found here. On the left-hand side of the page there is a drop-down menu that allows you to get a list of all stocks trading on the Nasdaq and NYSE. First download the Nasdaq list and then choose “Other Exchanges” to get the NYSE list.

You’ll have to sift through the lists to find the NYSE warrant and Nasdaq warrant symbols. (Or, again, just sign up for a membership to The Warrant Observer for a complete list.)

3. Find Newly Issued Warrants with Google Alerts

One of the best ways to track new stock warrant offerings is to set an alert in Google.

Simply go to your Google page and select “More”. Then under “Specialized Search” click the “Alerts” link. This will bring up a form.

In the form enter the term “warrant offering” or “stock warrants”. If you only put in the word “warrant” you’ll get alerts filled with the latest criminal warrant news.

This can be entertaining, but time consuming when you only want stock warrants. You can set the number of emails you wish to receive with your selected search word and how often you receive them.

4. Additional Listings of Warrants

All of the above ways to find stock warrants are free. You may also find stock warrants in the listings of paid subscription business papers such as The Wall Street Journal (WSJ) or Investor’s Business Daily (IBD).

If you’re willing to put in the time and effort you can compose a fairly definitive list of warrants for free using the sites and tools listed above.

5. Does That Stock Have a Warrant?

Finally, I’m constantly asking the question, “Does that stock have a warrant?” to build my list of stock warrants.

If I hear about a stock I haven’t heard mentioned before on CNBC. If I’m reading an article online about a stock I know and a competitor is mentioned. If I’m checking the most active or percentage gainers list.

I’m ALWAYS asking, “Does that stock have a warrant?” to find a stock with warrants.

Again, if you’d like a jump start, simply join my free warrant watchlist to get weekly updates on warrants that make attractive investments or trading vehicles. In a few months you’ll have a large list of stock warrants available for your investment account.

If you’d like to know how to actually make money trading warrants, you can check out my course on trading warrants. The Warrant Secrets course breaks down exactly how I’ve traded and made money from warrants the past 20 years.

Do you have any tricks you use to spot profitable warrants? Drop a comment below.

Thanks, and good luck in your trading!