options at .8c exercise price of 10c, page-3

i might be wrong but id say stay away from the oppies...

considering the exercise price is 10cents you would want the sp to hit about 15cents before you start making a bigger return than if you had just invested in normal shares.

sp = 15cents
oppies converted for 10cent so sell for about 3cents each (hence getting a full 15cent share for 13cents).

with options currently at .8cents you would make almost 4times your investment.... buy sp now at 4cents and make almost 4 times your investment.

so unless you are certain the sp will start rocketing to 20cents and above within the next year, play it safe. if all goes well, the rewards on the normal shares will be more than enough :-D