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What are the current bid/ask and last trade prices for Opendoor warrants (ticker symbols)?

Checked on November 19, 2025
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Executive summary

There is active, recent reporting that Opendoor distributed three tradable warrant series — Series K, A and Z — with exercise prices $9, $13 and $17 and an expected distribution/listing around Nov. 21, 2025 (ticker symbols cited as OPENW/OPENL/OPENZ in some outlets) [1] [2]. Available sources do not provide live bid/ask or last-trade prices for those warrants; they report strike, expiry and expected tickers but not market quotes [2] [3].

1. What the company announced: the warrants’ terms and timing

Opendoor’s official release describes a “shareholder‑first” tradable warrant dividend: holders of record at 5:00 p.m. ET on Nov. 18, 2025 will receive one Series K, one Series A and one Series Z warrant for each 30 shares held; exercise prices are $9 (K), $13 (A) and $17 (Z) and the warrants expire Nov. 20, 2026 unless accelerated by early‑expiration mechanics [1] [4].

2. Reported expected tickers and distribution date — markets’ view

Multiple market writeups say Opendoor expects the warrants to be listed on Nasdaq under tickers OPENW, OPENL and OPENZ and to hit investor accounts and trade on or about Nov. 21, 2025, subject to listing approval [2] [5]. That expectation appears in reporting but is framed as “expected” or “subject to listing approval,” not as final market data [2].

3. What the press and analysts are focused on — context for pricing

News coverage frames the warrants both as shareholder alignment and a tactical move versus short sellers; outlets note the warrants will be tradable and that they add potential dilution if exercised, which is why market attention and volatility have spiked [6] [7]. Commentators note that if OPEN’s share price stays below the exercise prices, the warrants have little intrinsic value, but they become valuable if shares rise above $9, $13 or $17 respectively [6] [3].

4. Why you can’t find bid/ask or last-trade quotes in these sources

The documents and articles in the provided set are announcements and pre‑listing market coverage; they describe terms, timing and expected tickers but do not contain live market data, bid/ask spreads, or last-trade prints for the warrants themselves. Multiple items explicitly say the warrants will begin trading on or about Nov. 21, 2025 — implying market quotes will appear only after distribution and listing approval [1] [2]. Therefore, available sources do not mention current bid/ask or last-trade prices for OPENW/OPENL/OPENZ.

5. How to get the bid/ask and last trade once trading begins

When the warrants begin trading, the usual places to find real‑time quotes are: your brokerage platform’s quote tape, Nasdaq Level 1/Level 2 data screens under the reported tickers (reported as OPENW/OPENL/OPENZ in market coverage), and market data vendors (not cited in these sources). None of the provided sources report those post‑listing quotes; they only report the intended Nasdaq tickers and distribution date [2] [5].

6. Risks, caveats and competing perspectives

Coverage presents two angles: company messaging frames the warrants as aligning management and shareholders and rewarding holders (Opendoor release) [1], while reporters and commentators emphasize the tactical element aimed at complicating short sellers and the potential for dilution if exercised [7] [6]. Also, several outlets stress that listing and exact trading mechanics are “subject to listing approval” and the company may implement net‑exercise mechanics at its discretion — both of which can affect post‑listing liquidity and pricing [1] [5].

7. Bottom line and immediate next steps for you

Based on current reporting, the warrants exist with known exercise strikes and expected Nasdaq tickers, but the sources provided do not include live market quotes or last‑trade data [1] [2]. If you need the live bid/ask and last trade for any Opendoor warrant ticker, check real‑time market data from your broker or Nasdaq after the expected listing date (Nov. 21, 2025) — available sources do not mention those live prices.

Want to dive deeper?
What are the ticker symbols for Opendoor warrants and how do they differ?
How do warrant prices for Opendoor compare to its common stock price today?
Where can I find real-time bid/ask and last trade data for warrants (trusted data sources)?
What factors are currently driving Opendoor warrant price movement and volatility?
How do taxation and exercise mechanics work for Opendoor warrants if exercised now?