Well done, you are starting to understand how leverage works, now why don't you start looking at what happens if the share price goes higher than 7.2c in your scenario and you may gain a greater appreciation of how you can use options to leverage your position.
No matter what, you can be pleased with yourself that you have learned something today and are somewhat less of a fool than you were yesterday - this is something to be proud of however the content of your posts suggests significant room for further improvements
RR1 Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
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