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re: DWAC - Trump backed media SPAC

Posted on 1/6/22 at 3:49 pm to
Posted by Lightning
Texas
Member since May 2014
2311 posts
Posted on 1/6/22 at 3:49 pm to
DWACW is a warrant to buy a share of DWAC at a specified price.

quote:

Each whole warrant entitles the holder thereof to purchase one share of our Class A common stock at a price of $11.50 per share


Posted by Retrograde
TX
Member since Jul 2014
2900 posts
Posted on 1/17/22 at 7:50 am to
Ok so the option chain on DWAC is absolutely insane right now.

For tomorrow I am going to sell a 6/17 ATM $70 put for $40 premium.

For a while there I was selling atm puts for $500 week/contract when the price was 50 a share, but volatility dropped a little.
This post was edited on 1/17/22 at 11:57 am
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