Out of the money short dated options can be extremely lucrative...

Out of the money short dated options can be extremely lucrative - as long as you only buy with money you can absolutely afford to lose completely.

GDNO reminds me a bit of JMSO a couple of years ago.

I bought JMSO with one month to maturity at 2c per option when the heads were at 16c (strike price 20c) I bought 150k oppies.

One week later the heads were touching 40c and the JMSO were around 20c. So my $3k was suddenly $30k after 5 days - I remember this one because it is my only ever 10 bagger and it happened in a week.

I see the potential for a simillar situation on GDNO with the remaining time left to maturity.

Just don't buy too many, mentally write off your investment in GDNO as money lost and if all goes to plan you will multiply your investment in GDNO by maybe 5 times or more before the end of June. If it doesn't ... who cares?

I like options and I have always loved leverage.

Be happy

EB