HOVRW Risk Profile

Aug 7, 2026

Made with ❤️ by Yellow Bat

Position

Investment

$

Allocation70% HOVRW

30% HOVR

70% HOVRW

Shares

1,492

Warrants

17,948

Updates the model only — does not place a trade.

Model inputs

HOVR

$

HOVRW

$

HOVRW market IV96%

HOVRW market IV

96%Aug 7, 2026

Model date

Aug 9, 2026

Today+1y+2yExpiry

Chart range

$25

Position value (Black-Scholes) All-stock P/L If redeemed (intrinsic)

Position value

$10.0K

▼−$24 · −0.2%

At HOVR $2.01·FD cap $142.8M

P/L

−$24

vs. all-stock

−$24

HOVRW BS market check

$0.39(-0.00 vs mkt)

Key thresholds

Breakeven
$2.01
0.2% from spot
Strike (exercise)
$11.50
+472.1%
Redemption trigger
$18
+795.5% from spot
Time value at risk
$7.0K
BS − forced exercise

Model terms

Expiry

Jan 12, 2029

Time to expiry

2.43y

3Y Treasury

3.92%

Model date

Aug 9, 2026

HOVRW IV

96%

Informational only; not advice or a recommendation. Data/calculations may be wrong or delayed; verify independently.