how to get options, page-5

Hey Snowy

plain old excerciseable options with an expiring next year with an exercise price of 1.5c

Why buy them??

Because of the leverage they provide

For example if you had 10 grand to spend that would give you either 83333 options at 12c or 74074 heads at 13.5c

assuming (fingers crossed) the price of options runs to 40c and heads 41.5c before the expiry date

83333 options would be worth 33 thousand where as 74074 heads would be worth 30.... %10 difference

Hope this helps :)