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GoodGuyBill

11/26/16 9:29 PM

#85236 RE: ou71764 #85235

I'm with you. at .51, just buy the stock and wait.
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threefoot

11/27/16 9:36 AM

#85258 RE: ou71764 #85235

Sorry, I did mean the 2918 options. Using my approach:
1) Buying the %5 2018 options for 10 cents rather than the stock reduces the risk by 80%. This is big leverage.
2) In addition, for every dollar above ^7 you get 1000% return on investment!

As an example, let's assume that the hare price returns to the $12 level:
Had you bought the stock ar 50 cents. you would make $11.50, or 24x your investment; or
Had you bought the option, you would make $4.90,or 49X your investment.

I realize that this strategy only works for a stock kike NWBO which has exponential inherent value on the upside.