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Technology Stocks : Nikola Corp
NKLA 0.0297-1.0%Nov 11 9:30 AM EST

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To: kidl who wrote (25)6/9/2020 10:17:32 PM
From: onepath   of 252
 
NKLAW matched the stock by dollar gain today of which an in the money warrant should do. Approx. $6 each but a much bigger % gain for the warrant because of lower price.
But the IV value discrepancy did not change much as I thought it would if it was just mispriced due to new listing.
You where in early and your move seems prudent to me. Always best to protect capital when in a situation as volatile as this. No idea where we go in the next few days but my bias is up still.
I hold a lot of my warrants in a TFSA so I cannot just put money in the account to exercise the wts. I must sell part of my position in the next two weeks if I wish to covert on the 26th.
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