I like the warrants. Like a long term call. Bought a bunch of the OXY warrants in early 2020. Plan to hold to expiry 2025.
Where do you find information on existing warrants? I thought that they only existed for new IPO's, not established companies like Occidental.
Monthly chart for longer term perspective. If trend continues, $85 is next target and then $100 is psychological level/ FIB retracement. I suspect we will see higher volatility both sides.
I bought the OXY warrants for 2.89 in SEP 2020. They're now up a little over 4x. Over that same period the stock is up a little over 2.5x. I imagine if the stock had declined the warrants would have under performed. Edit: In my post I said I bought them early 2020, but checked my account and saw that I bought them from 9/4/2020-9/14/2020. $2.62-$3.00
Am long with many rollovers from April 2020 in energies, have added half dozen times, always hedging opening positions or when topping patterns have formed will hedge open profits. I am very rigid in this system and automated. Some energies have to go up more so I can long term reverse. System has no clue how high is high, when it keeps selling/hedged, will continue till reverse.