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Anyone who takes a bearish position or closes a bullish position in TSLA based on Gordon Johnson’s “analysis” deserves the loss or lost profits...
The fact that Nikola, which has proven to be pretty much 100% a fraud and lies, is not bankrupt yet is one of my main concerns regarding the...
As a long-time member here, I sincerely ask you to reconsider your position. Two people (TWO!) asked you to stop posting about Gary Black. They do...
The IV for CCIV has been trending down and is 148 today. That is very high of course compared to TSLA but is still much lower than it was when I...
I am guessing an announcement of a merger between one of his existing SPACs and a very surprising company. I have no idea what that company would...
Warrants wouldn’t go to zero. It is like a $11.50 LEAP with an expiration in 2025. They would be worth $0.75 at minimum I think if the SP dropped...
$900 and $1,000s.
Wow that's insane. Never seen anything like that!
I'm enjoying these low IV, low SP days. Perfect time to reload LEAPS (Jan 2023 for me) as most of the ones I bought between 400-440 I sold between...
I started a position this week buying Tuesday and yesterday. Red now of course but they have excellent potential in a growing field and I expect...
Besides providing internet access, I didn't realize Starlink was also the fountain of youth. That's 2 people in 2 days...
I don't mind being the guinea pig since it was my idea to begin with! I'll keep you all updated. I am in for 20,000 warrants and 200 sold calls so...
I don't think it's as complicated as you think it is.
But someone named BigPeePee says we're going under 600 so it must be true...
What a valuable contributor you are to this forum.
Rivian is planning to IPO at $50 billion or more this year and will likely jump above that after starting to trade as most "hot" IPOs recently...
Haven’t done anything yet today - I’m at work and don’t have time to call my broker to buy the warrants (I can’t buy them directly). I’m in no...
I found the document - revised recently it looks like. It says later of August 3, 2021 or 30 days after merger completion. When I first researched...
CCIV could just go back to $10. I don’t see how it would be worthless since it still has the unused cash. $10 should be the floor. In that case...
I don’t have it in front of me now but the conditions I wrote were “or” not “and” as I wrote in my post. So the earliest the warrants can be...
Yes make sure you have enough margin to allow for the CCIV calls to go deeper in the red if CCIV keeps going up. Need a buffer.
I had Aug21 calls sold short but rolled them to Jan22 yesterday (only Aug21 were available when I did this 2 weeks ago). The warrants can only...
He’s just keeping politics out of the thread.
This is it exactly but I am targeting more potential profit. One could easily make a spreadsheet to compare max profit vs potential loss. I will...
I am planning to hold until after the time I can exercise the warrants and the SP is hopefully >$57.50. At that point the arbitrage gap will be...
You are right but then you aren’t optimizing the arbitrage situation (bull part using warrants, bear part using stock (done with sold calls)). I...
Your numbers look right except there would still be time value on the $90 call when bought back unless you wait until expiry. Your second last...
No the -$15,000 was correct. I was combining the exercising of the warrants (-115,000) and the selling of the resulting shares (+100,000) in his...
You are close but 2 mistakes. In the bull scenario, you still have to close out your sold calls at a loss (if the SP is $90). This reduces...
Yes it is a naked call. You need margin to cover it. Technically it is being covered by the warrant in that if the SP spikes you end up basically...
Yes. The offering is when CCIV shares were first offered.
Your math is good but you’re wrong about the exercise. It’s the later of 30 days post-merger and 1 year from when the SPAC was developed (Sept 30,...
If there is no merger than the warrant still has value - doesn’t expire until 2025. If worst case scenario the share price drops back to $10 then...
@ckessel did the math above explaining the discrepancy. Basically the warrant price + 11.50 (exercise price) ‘should’ = the stock price. Because...
You have the math right - it is a massive discrepancy. The limits on these warrants are that they can’t be exercised until 1 month after the...
Warrants are still crazy underpriced for CCIV. I was able to roll my arbitrage trade (explained previously) today and have a much higher maximum...
Elon Musk’s Starlink opposed by ISP groups over slow internet speed concerns Looks like they are at the "then they fight you" stage already....
I'm currently waiting to be "validated" on Coinsquare so I can buy some as a hedge. Unlikely to be anything but as Elon said, "Fate loves irony."...
I ordered too - rural area near Vancouver, BC. Our current provider (Shaw) is subpar so I’d love to be able to replace them if Starlink turns out...
I’ve been buying GBTC instead - trades like regular shares.
I wish there was a way to quantify the total losses by those who are part of TSLAQ because they follow that hashtag and they maintain a block list...
You are right about the prices of stock vs warrants. It was that massive difference that allowed me to develop my arbitrage trade. There is no...
I appreciate the advice and I did consider that scenario. I figure the only way CCIV moons is if a well-received merger is announced. Then I can...
Wow that's a crazy, ignorant boomer rant on so many levels.
CCIV seems to rise and drop on rumors. After a 30% up day yesterday on basically no news, a 5% down day is probably predictable when there is some...
For CCIV, a warrant allows one to exercise 1 share of CCIV and an exercised call allows one to buy 100 shares of CCIV. After a merger any changes...
Yes I did so I could match the sold calls to the number of warrants. Let me know if you want me to explain any of it further or if you have any...
Yes that is them. I had to call my broker to buy them. Requested symbol wasn't found
Truly amazing arbitrage opportunity between CCIV shares ($32.50) and CCIV warrants ($13.00). Strike price for the warrants is $11.50 so their true...
I’m planning to buy more GME Monday if there is a dip. One way or another, the shorts have to cover eventually. The only way out is if they play...