NorthWest Biotherapeutics Inc (NWBO)

[eagle8]

tryn,
If the PPP is $5, there may be multi-year options.
You must understand that such a price for multi-year options can never cost the same or more than $5.
Otherwise you buy 100 shares (or multiple) and sell (you then have the right to sell, this is called 'writing') a option with exercise price $5 and you then have a construction that costs $0 and can yield a profit.
Namely when the expiration date passes. With a PPP of 0 it does not cost anything, with a PPP of 5 on expiration you have 5 profit and, for example, with a PPP of 12 you have 7 profit per share.
So I would say: a 3-year option (Oct 2026) with an exercise price of $5 could now cost about $3.
A 2 year option $2,- etc
If you expect a large increase, you can consider multi-year options as the multiplier in that case is larger than with the share alone.
However, the risk of losing your money is greater.
There are plenty of possibilities .

Good luck tryn.