NorthWest Biotherapeutics Inc (NWBO)

[mapman1010]

superb post gnawkz. this is exactly the strategy I have been employing except I have been using deeper in the money options because they are easier (less expensive) to exercise if necessary. I did have to exercise some calls this past January and therefor put me in an extremely overweight position. I did sell these shares at a later date to get back to an overweight position (instead of extreme) but did buy more calls with the gains to replace the share equivalent.

I've tried several of the more advance options strategies, but I find it too time consuming to not only analyze the stock but also the options, the pricing, the volatility, and what I can risk 100% without taking me out of the game.

I have done the same in the past and found it too complicated as well.

Personally after a number of years investing using options (having lost 100% and pocketed 500%) is to use it to expand portfolio while minimizing risk.

people have to understand that unexpected events happen such as 2001 and 2007-2008. you can't easily recover from such events if you are gambling with options. I didn't get back to even from 2007-2008 until last year. you don't appreciate deep in the money calls until you have experienced such disasters. once the calls(if in the money) become out of the money or the calls were originally out of the money and something happens unexpectedly you lose all the money invested. ALL OPTIONS ARE RISKY because they are time constrained. I can't emphasize this enough.

there has been excellent discussion of options trading here the last couple of days but unless you are comfortable being a gambler as I am just buy the shares.
watch them for trading signals.
JMHO