why buy the listed options

Am i missing something. with the recent capital raising and issue of opions (RRTO) RRT price is 88 cents and the options are 3.5 cents for the right to part with a $1.00. So buy an option and your breakeven on price is eventually $1.035.


15.5 cents or 17.6% cheaper over a 12 mth horizon to buy the full bottle now. The cost of money sure ain't that much and in any event dividends due from RRT would more than compensate.

Have i missed a major downside risk in this stock that might make the diff?