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Building a warrant and rights research dataset
Reliable warrant and rights research begins with a record of what was known at each point in time. Contract changes, expired securities and executable quotes are...
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Warrants & Rights Trading Guide
Understand warrants and subscription rights, from contract basics to pricing, dilution, exercise and portfolio risk. Follow eight stages covering corporate warrants, covered warrants and rights issues.
Start with What a warrant gives you and what it does not, then follow the next lesson links. Explore 32 lessons with worked examples, exercises and further reading.
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Advanced Research and Risk · All lessons
Advanced Research and Risk
Build reliable research, stress tests and a repeatable process for contract and portfolio review.
Advanced
Scenario analysis for price volatility and issuer stress
Scenario analysis asks how a position behaves when several assumptions change together. For warrants, price, volatility, time, liquidity and issuer stress should be considered as separate...
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Position sizing expiry ladders and portfolio concentration
Position size should reflect the capital that can be lost, not just a favorable price forecast. Expiry dates, issuers, underlyings and future exercise payments create several...
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A complete warrant and rights investment review
A complete review connects the investment thesis to the exact security, its cash flows and the actions required to manage it. The final output should support...
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