NorthWest Biotherapeutics Inc (NWBO)

[ou71764]

Threefoot, I don't believe you responded to my last response to your options strategy. In my post, I said that if you wanted to minimize risk with options with a strike price of 7, you wouldn't be able to maximize returns. You can do one or the other with your strategy but not both - you will either minimize risk or maximize returns.

I do very little with options but occasionally I dabble (lest anyone think I was not an optimist on DcVax, I still own January 2017 NWBO calls with strike price of 12).

There are so many things to consider...but to me, foremost is that there is a lot of ground between the current price in the low .50's and 7.10 per share, your break even point on the options.

If you buy 10,000 shares at .50, at 5.50 per share, you'd have a $50,000 profit. Options with a strike price of 7 would still be out of the money. And then if the stock then rose another 20% from 5.50, you'd still be out of the money.

There are scenarios where the stock could rise sharply from here, but not reach 7.00. To me, a stock trading under 1.00 per share is already as good as an option.