Value Microcaps Motherboard

[researcher59]

tophat59: options are a great tool for leverage and with gas prices skyrocketing, $35+ by November for EPEX could be realistic. It all depends on how probable you feel such a further dramatic rise in the stock price is.

I feel safer with longer term options and hold a bunch of EPEX March 20 and 22.5 Calls. But shorter term calls are cheaper and therefore offer greater leverage, but are of course riskier.

The Nov 30 Calls are currently asking 1.40, so if the stock closed at 37 on expiration day, you would have a 400% gain on the options versus a mere 35% gain in the stock price. Good luck !

But, generally speaking, it's important to remember that most short term 10% 'out of the money' options expire worthless.