jkaob is on drugs, page-3

no buyers where? there are plenty of buyers in JKA. I'm saying, why buy the heads when you can buy the options (with less downside and more upside at about 30% of its true B-S options price) and convert these into heads in a couple of weeks if the share price has held up.

If the share price hasn't held up, you limit your loses, if the shareprice goes up you make more than you would have buying normally by buying in at 0.15.

Sure there may be no liquidity in the JKAOB but my point is... who needs it. As long as there is liquidity in JKA then that is effectively the liquidity of the options.