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10/07/08
12:47
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Let me explain how you can trade the options.
When the heads were around .012 I was able to buy 5 million CFRO for .003 . They are currently .009 cents buyer and yesterday went as high as .011
My current profit is 200%.
If CFR goes to say .05 then fair value for the options will be .025 plus a time premium of say .005 totaling .03 and I will be up 1000%
Trading options, particularly when you can get them when they are out of the money offers great leverage.
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