You gain more leverage with an oppie, which is why it makes...

You gain more leverage with an oppie, which is why it makes sense. Any spike in share price gives you a better return on your dollar and you don't have to convert, you can sell before they expire, so the argument that you overpay when converting to a head is pointless with close to a 3 year period before they expire.

If you bought yesterday at close with $1000. you would end up with roughly 333333 oppies for that money at 0.003 cents. If you bought heads at 0.006, you end up with 166000 shares, now look at which one gives you a better return going up just 1 pip. You make more money on the oppies because you have more for your money.