Its the Archimidis law of economics, the lever. Do this...

Its the Archimidis law of economics, the lever. Do this excercise. Give your self an imaginary 10k $. Buy SSN heads on market now. Do the same with an imaginary 10 on the ops. Now presume they go well heads to 15cents with the ops lagging by the same amount after the heads as now. Which deal give you the most in your skyrocket. Ops are for punters who are fairly sure something is going up a reasonable amount in the nearish term. Who dont mind slightly more risk as when price reversal is happening there comes a point where you get clobbered with ops. And dont mind missing out on offers from the company. Should have held 100 heads to get in on the offer, boo hoo! Hope that makes sense,there is a premium cause enough people want the leverage.
Cheers Tretch