$Occidental(OXY)$ Question for those that went heavy into Oxy warrants when they were cheap:

To exit, what would seem to be a better strategy?

1). Selling tens of thousands of warrants knowing their low liquidity presents a challenge?

2) selling short tens of thousands of shares of Oxy common (same number of shares as the warrants you hold) …..and then paying your broker $22/warrant to exercise warrants into shares to “flatten the box and settle your short”

If your warrants are a long term cap gain position….am I missing any short term tax effects that would creep into strategy #2?

I confess that I allowed Schwsb to handle exercising 3 lots of 100 warrants last year to see if they could handle it, and they were never able to reflect the proper original purchase + $22 exercise fee in the 300 Oxy common shares I wound up with - even after complaining and asking for their help to rectify the problem….so I’m just a bit nervous about what seems like the better strategy #2.