If they are built with noggins then they shouldn't warp too much . But I'd very strongly recommend using treated timber. The extra cost isn't great. In the exposed situation it should dry as quickly as it wets.
I had a look at some of our old gash osb, where lying around or thrown on the wood pile. Most of it had been used as window opening covers. It is severely weakened and swollen. Of no use for anything.
You can get flooring chipboard with a temporary film precisely for this purpose (and to catch plaster and paint).
@Gone West, @torreand I can all be right, with differing circumstances.