pisces, you have no idea what you are talking about.
Today I put my money where my mouth is as well.
Buying options today or converting held heads to options today is a great plan.
You can either have more exposure to the upside with the same amount of money OR even derisk by having less capital outlay for the same exposure.
At 3.3c differentiation 2 years out from expiry when the options are already in money... This has been the best time yet to buy options vs the heads.
I also believe its not a bad time to be buying anyhow, as there is chance of a reversal soon. Of course we could continue to drop lower, but we seem to have found a level of support at 7.5, with any test to this level being firmly repelled 2 days straight.
The risk mitigation doesnt come from avoiding options, it comes from doing proper quality research on the company you invest in.
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