But columbia,
I see selective posting again. You have covered the 10c scenario that anyone would realise but what would be the case if the heads are say 15 to 20c. Would not the options under the normal option exercise principal be worth som ewhere between 4c to 9c per share. If that wre to be the case would not a purchase at todays prices turn out to be a fantastic reward that is, 100 to 300% increase in your capital. Now lets summarise the position. If the heads drop to 10c or below then the options will have no value. If the heads are in the money the options will have a value dependant on the extent they are in the money.
Now thats a fair post. No ramping involved here.
Cheers
Sav
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