options, page-5

There is a first time for everything, the best way to learn is doing. Options have their own behavior, and i (you) don't follow anything more closely than when you have a vested interest in them. I bought my first Options when i was 17, cost me $338, lost the lot a year later when they expired. What i learned was valuable and helped me make money later. PGXOA is a good choice. Long time till expiry and low time cost.

Options don't necessarily mean more risk.
If you got 10,000 PXGOA for $1,300
instead of 10,000 PXG for $3,200 and the company went bust or share price went below 10 cents for example, the most you would have lost would be the $1,300 (As apposed 0.1x10,000= $1,000 being A loss of $2,200 (3200-1000))


PXGOA +6% of my portfolio.