I am tempted to sell my EDV shares and re-deploy only 1/3 of the money into the warrants and theoretically I would get the same exposure (2.86 / 0.97 = roughly 3 times leverage) to the ups and downs of EDV freeing 2/3rds of my money to play anywhere else
but if we plot a chart of EDV vs. the warrants
it turns out EDV is OUTPERFORMING the warrants by a wide margin !!!
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