I guess it depends where you anticipate the share price to be in 2020. By my calculations, it would require many multiples of the current share price to get decent leverage.
NVAO options, $0.0325 strike, 31 August 2020 expiry, page-4
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100285 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 69131 | 2 |
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