Fair value for DW8O is $0.006-$0.008 less than the price of DW8....

Fair value for DW8O is $0.006-$0.008 less than the price of DW8. Eventually this will reach $0.001 less than the price of DW8, as expiry draws closer. The difference between these two offsets represents the growth potential of DW8. If you bought DW8O when DW8 was at $0.019, you probably would have paid $0.011 for DW8O. If DW8 is to hit $0.100 soon as many here predict, DW8O will sit around $0.092. This would mean that you have almost ten-bagged your DW8O investment upon resell whilst an investment into DW8O would have only netted you a five-bag. The downside is that DW8O is traded at lower volumes compared to that of DW8 but this is almost a negligible factor consider that if you invested in DW8O, you are probably making a long-term investment and therefore do not need your sell orders for the instrument to process immediately, as would be the case if you were day-trading DW8.

So it all comes down to whether you believe in the company long or short. I believe in it long.