This is my most recent post on WCU which may be of interest to...

This is my most recent post on WCU which may be of interest to daytraders.
Post:
I normally don't buy positions traders have been all over but WCUO are very interesting. Having read recent WCU ASX announcements I was happy enough to own the Fully paids, but elected to buy the options because I am prepared to pay up the 25 cents on the options at the end of January 2010 if I need too. The chart for WCU looks interesting & any movement in the fully paids will offer huge leverage in the options. Purchased my options at 3.5 cents. So effectively my enter point for the fully paids was 28.5 cents which is less than the current market price yet offers all the upside leverage without outlaying my 25 cents at this stage.
Regards
Buffett