ODE 14.3% 0.3¢ odessa minerals limited

CR8 Chart, page-643

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    Without starting an argument about oppies versus heads, you need to be aware of differences.
    Right now the oppies are trading at a premium to the heads Heads 6.7 cents Oppies 2.5 cents plus 6 cents to convert. At some stage usually when heads settle the options will trade with no premium and sometimes a discount. Eg heads 10 cents oppies 4 cents. The other thing with options is the lack of liquidity 20 mil heads trade in a day and maybe 500k options. Options offer great leverage and gains can be huge, get it wrong and they are worthless. I have a mix of both and will trade them at different stages.
    Both good when things going up.
 
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