options query, page-8

yeah pisces but at the same time this is the maths, but the maths dont tell the emotion as you alluded to before.

If you dont even know how options work you gotta be careful going around sticking money into them.

Quickest way to lose your money is invest in something you dont understand.

Personally, I know I either put the effort in to really understand what it is EXACTLY what im buying and how it works or I dont buy at all

Cabe, you are correct that is how options work. The only other negative I would add is that the options will drop in price if the share trends sideways. If the SP is 8.6 at the end of 2013, you walk away level, the options will be 3.6, so you would walk away with a 35% or so loss.