question about options - ggpo, page-32

tomo11, "On Commsec, when i can buy say 1 option for 0.001, what does that mean, particularly on 31st August"

Hi tomo,
IMHO I wouldn't go anywhere near the options, the heads would need to get to a bare minimum of around 8 cents for you just to break even.

If by the 31st of August you are holding and the heads aren't at 8cents you would lose everything you put into them. I would anticpate that any slight rise of the options would be sold into as the expiry date is approaching very quickly.