You are spot on. So using your figures if you buy 1000000...

You are spot on. So using your figures if you buy 1000000 options now for $3000 at 0.003 when they hit say 1.8c you have got 6 times your money or $18000. For the same amount of outlay on heads at 0.006 you would get 500000 shares so when they hit 2.5c you would have $12500. That's $5500 difference in tradeable shares. If you think heads has a chance of hitting 2.5c it certainly makes more sense to buy options now.