absolutely correct. Options on stocks like this almost always end up as a complete capital loss. Totally the reserve of gambling money. I've bought a few with punting money and expect as a more than likely outcome that they will expire worthless. However if they do go well then it will be spent on something pointless..
Very different market than the actual options market where you can create structured positions with puts and calls and use theta as well as delta etc.. the black-scholes pricing matrix is pretty irrelevant for these sort of options to be priced by.
AVEOA = total punt but one I have made knowing full well the lack of investment merit that it entails.
AVE Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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