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Post# of 10952
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Re: thehumanchessmachine post# 1016

Thursday, 05/21/2020 4:14:36 PM

Thursday, May 21, 2020 4:14:36 PM

Post# of 10952
No you don't- Smiley posted the formula below. You're a chess machine - plug some numbers in.
Basically- for your warrant you will receive the value of the stock price minus the strike price. You receive that value in stock based on the ten day average close. If the stock pops one day and they call you're screwed because the average is based on lower prices. If the stock comes down and they call you benefit from the previous higher days.

I edited my snarky reply because you're a chess player
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