Correct, and with leverage the benefit grows and grows
Basic example:
Have $84,000 to spend.
Buy 1m heads at 8.4c = $84,000
OR
Buy 1.52m options at 5.5c = $84,000
In two years time, lets say SP is $1 (which could be conservative):
1m heads = $1m
1.52m heads at 97.5c (assuming no lag) = $1.489m
So for no extra outlay you could be ahead $489,000 by bying options instead of heads.
DYOR
CROO, page-65
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