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Community


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Online Share Trading

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Put Warrants

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Bouwer
Super Contributor
How do you benefit from a put warrant if the underlying price is trading below the strike price at expiry if you do exercise the warrant?
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3 REPLIES 3
SimonPB
Valued Contributor
it will pay out the intrinsic value of the warrant
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Bouwer
Super Contributor
So you will own the share at the underlying price and get the intrinsic as a cash pay out?
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SimonPB
Valued Contributor
no, put is the right to sell .. intrinsic for a put is strike less spot divided by cover
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