fibrobro : Keep up the good work

fibrobro : You should also mention that if the stock doesn't hit the price, (like 13$) by next year, that warrant will expire worthless at zero dollars.
As much of a advantage it is to buy more shares at a cheaper price, it is much much safer buying open door shares. warrants will also go to 0 if not executed and sold before the expiry.
DO NOT HOLD AND FORGET ABOUT THEM. Otherwise, they will expire worthless. You HAVE to execute or sell them within a year.

fibrobro Xiaoya Chen OP : I've been pretty transparent here. I've closed 90% of my short position already after earnings and I'm up 20k$. The remaining bit I have is just uncovered calls I sold that I'm waiting to expire.
Also, I play both sides. I sell both puts and calls. and buy shares to cover them if need be.
I'm just making sure that people are informed and don't forget how to use warrants.
Warrants are great. I'm sorry if my earlier post did not capture that. But it's something that you need to look at more closely.
if you buy stocks, you can buy it and forget about it. if you buy warrants, you need to keep checking every now and then. that's the only point I was trying to make.
For example, you didn't mention anything about early expirations. Opendoor can force redeem the warrants at certain prices. like if the stock trades above 12$ for 30 days.
You will get an notification of course, but you may be given 30 days to sell or execute, they will expire.
I hold very little position in Open Door right now, but I'm waiting to see where to jump in.
As of right now, I am just holding negative 10$ calls that expire in December.
I'm mostly in Zoom for this week (expiring Friday)

fibrobro : But to be clear, I'm not shorting the stock lol. unless you consider selling calls as a short.

fibrobro : You guys really overpaid on those calls. I sold a bunch of them. Thanks guys

fibrobro luqrstam : bro...

fibrobro Doomsday0516 OP : so shares have already been diluted. It's about 25% more shares

fibrobro : those are the shares he got from the sign on package

fibrobro : it's a little bit bad because the spread will be increased. People won't be creating new Open1 options, and instead it'll be trading on the new Open options.
The volume for the old options will be lower going forward.
this won't impact you when you buy the new options though