Are warrants a better/worse choice than regular options? I ask because I dont have the margin requirements nor capital to establish good option trading strategies. So i buy long put and call warrants and trade with the trend. My problem is as follows: say I buy OTM call warrants with delta around 45 and OTM put warrants with delta also around 45. The underlying index spot sits between the strikes of the two warrants. Once the index moves, either the calls or the puts will become ATM and (hopefully) ITM. So my question is, how do I exit the losing side? Im getting raped in these volatile markets where prices are swinging like mad, with no clear daily trend to establish a proper strategy.. could someone help me out?