Well the oppies have 2 years expiry on them, so the reality is at the moment buying the oppies is no more of a risk than buying the fully paids, and as DS just posted some likley figures upon rising, as always leverage is with the options, also low exercise price of 5 cents makes an attractive option.
Many people prefer to buy options as to preserve capital, for other trades, yet still carry the same exposure should the share price rise as expected. Still no doubt when oppies get to within 12 months expiry or less, it can be a risky game if things dont advance as expected, Myself and others here have certainly experienced some stress associated with expiring options, LOL.
Keep an eye on the close today, IMO things should heat up this afternoon.
Cheers
Jamit01
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