Ok let me try to explain why is a bigger risk but bigger reward...

Ok let me try to explain why is a bigger risk but bigger reward when buying options; Last month say you had 10k to invest in the market, the options were 1c and the heads 4c to make it easy numbers but also pretty realistic.
For that you can buy 1,000,000 options or 250,000 heads.
Fast forward to December and the heads are 30c and options trading at 24c.
If you bought 250,000 heads your now worth 75k.... not bad.
If you bought 1,000,000 options you would be smart to sell 215,000 on market @ 24c and to cover the cost of converting the remaining 785,000 options to heads for a value of $235,000.... Now that is even better
Obviously the higher the heads the biger the ratio of profit, on the downside, they are worthless if the heads are cheaper at time of expiry, with this stock it was a risk I was happy to take. (number rounded off just for ease of explination)