While oppies give better leverage it is good to remember that it is a 2 edged sword. Especially when the options are trading at a premium to the heads. A good example at present is BYRO
Expiry Jul 2017
Ex price 5c
Current trading
BYR 6.3c
BYRO 1.7c
BYRO premium = 0.4c, and is down 15% today
AVL / AVLO may turn out similar, heads are better value at the moment IMO
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