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Hertz Warrants Offer a Good Alternative to the Stock. How to Play It.

Por: MarketWatch Business March 04, 2023

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One way to play Hertz is to buy two warrants instead of one share of the stock. The warrants should deliver most of the gains in the stock. On Friday, the stock rose 42 cents and the warrants were up 33 cents. It doesn’t pay to exercise the warrants now because their intrinsic value ($18.77 less $13.80) of about $5 is less than the warrant price. But the appeal of the warrants lies in their superlong maturity of 28 years. This means the... + full article



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