Simon? Another question

[_nova]

Sorry, another question. If you then take a warrant like TOPSBR which has only 50 odd days left but a Delta over 99% and a Theta ranging 0.6% does that then still mean it decays at 0.6% even though it's way in the money? I suppose what I'm asking is do you then estimate your 'cost' of holding the warrant based on Theta as opposed to the warrant actually gaining in price more than 0.6% per week to offset the Theta? How wise is it then to hold on to a warrant like this if the decay curve is only going to get worse? I'm trying to understand the changeing risk/reward here where you have a warrant with an almost 100% probability of expiring in the money as opposed to the accellerated decay curve. I really would appreciate a clear explanation?