Traders tend to look for perceived leverage and on the face of...

Traders tend to look for perceived leverage and on the face of it an option in COE trading around 4-5 cents appears more attractive than a share trading around 50-60 cents-STU.
But when things quieten down a bit, as now, traders turn to being investors . As an investor ,do you want a security that has only 3-4 months to run against say two exploration plays or are you happy to back a team with a better cash flow/exploration position/tight capital structure.
Volatility and hence better trading is in the former, better investing is in the latter.
Good punting-I am loooong STU