options, page-2

I have PRWOB. It's only got to go up a few cents to be in the money. And I'm a short-term high-leverage fan, i.e. I don't mind risk.

This company is way undervalued. It has much more meat than many companies with double or triple the m/c. Given that it was over 6c before the ASX June sale, there's no reason to think it won't return to that with a few good announcements. But I do get nervous with options that have less than 12 months till expiry in a flat market.