Last week I wrote to you about Digital World Acquisition Corp. (Nasdaq: DWAC). It’s the vehicle that former President Donald Trump is using to try to gain media relevancy and communicate with his followers after being tossed from Twitter.

The project, called “Truth,” is supposed to launch on February 21, which just happens to be Presidents Day.

My prediction last week was that Trump and his pals would try to make the most of this launch. And what would a launch party be without the share price making a big splash too?

Whether the company is overvalued or not, the herd will oblige.

Since my call last week, Digital World has moved from around $65 to more than $90 and is currently above $80 following a small jump today.

Quite a trip, right?

If you had bought options, you could have made a killing!

When tight stocks like this one move, they move hard and fast – up and down – as I warned you.

So this play is not for the faint of heart. It’s as speculative as it gets.

You are betting on a man, not a technology.

“Truth” may be a social media wannabe, but it will be in the junior leagues for a long time – the others are way ahead of it on the technological and advertising fronts.

Remember, for these companies to stay in business, they need advertisers, and pillows just won’t cut it over the long term.

If you missed hopping on the “Truth Train” last week, you may get another chance thanks to the stock’s immense volatility. And if there is a pullback, you can try to get in Digital World again – OR you can use this stealth play (the kind we like in The War Room) to get in on the cheap.

You see, Digital World has warrants, derivatives issued by the company to raise money at a later date.

Warrants tend to trade in tandem with shares. In this case, DWACW is the symbol for the company’s warrants.

BUT BEWARE, you must read the terms of the warrants before even thinking about trading them.

Like any investment, you must do your due diligence.

Action Plan: The warrants are trading for around $30 right now, with the stock around $83. When the stock was trading around $65 last week, the warrants were around $24, so they can give you a better percentage move.

But for my money, I would still use the options, expensive as they are, to play Digital World from the long or short side (stocks do go down too!).

So if you missed playing Digital World the first time around, you’ve got about a month before the big splash, and it’s going to be a wild ride until then!

For more in-depth info and real-time trades, join us in The War Room. We just set a new guarantee of 322 wins within a year!