I dont know where this "warrants are for mugs" thing came from. Every study shows that most warrants are better priced than ETOs, the spread is less, you can sell them in the blink of an eye while you are f*rting round for half an hour just to get your broker to put on an order and another 2 hours to see if they sold etc.
Unless you are a professional trader and writing them, ETOs are for mugs.
I trade only warrants and I am up a mint this year.
