On ok results head go to 4c thats a 400% gain from here. the...

On ok results head go to 4c thats a 400% gain from here. the options would also be worth around 2.4c so a 500% gain.
On poor results heads go to 0.5c and options likely may not be saleable (potentially may be written off for tax purposes through your broker)
BUT on great results heads go to 10c 1250% gain - options would go to 8c and a 2000% gain.

Its all about the leverage and you pay a little extra for the privilege/ risk of using it.

heads may preserve a bit of capital but then it was never really on the line anyway was it.