options are a screaming buy but i have bought enough at 20 cent average, 50% down atm
GTE goes to $1, profit on 30 cent heads = 233%
profit on 10 cent options = 600%
lol
at such low prices, the exercise price is irrelvent due to the leverage
you can buy 3x as many options as shares
eg. $3,000 investment buys 10,000 shares or 30,000 options
when share price is $1, shares are worth $10,000 and options $21,000
option buyers must have money to burn??, page-3
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