Thanks mate. You're right that if you were able to buy your...

Thanks mate. You're right that if you were able to buy your options at 0.005 and sell at 0.006, you will have made 20%. The problem is I think there will be a lag between the share price moving and the options starting to move.

For example, if the share price moved to 3.2c, you would make 100% on shares bought at 1.6c, but it is unlikely the options move much, if at all.

With a share price closer to 4c, we might see the options start to move a bit for that leverage you mention, but I can't predict how that would go. For really short term trading stuff, I can't help you figure that out, as my method is far too high-level to use for that purpose.

Cheers