Furthermore, you can leverage from the cheaper price of the option compared to the heads at this point in time:
Imagine this situation: If you had 100k to invest. 1 option = 4.5cents 1 share = 7 cents You can buy, 2.222million options vs 1.429m shares.
2.22m options(that can be turned into shares) OR 1.429m shares
Think about the future share price and do the maths - with close to 800,000 more shares, this equates to some serious cash. Lots of Upside for a small entry price.
CCC Price at posting:
79.0¢ Sentiment: Hold Disclosure: Held