JKA 0.00% 0.3¢ jacka resources limited

don't understand

  1. 415 Posts.
    Why would you buy shares in JKA for 17c, when you can buy the 15c options for 0.7c?

    Lets' say you want to buy 100,000 shares = $17,000
    Buy 100,000 options = $700 + Exercise $15,000 = $15,700

    Shares price goes down below 15c, you save at least $2,000 on the shares, share price goes up you buy them still at 15c?

    I don't get it?
 
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Currently unlisted public company.

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