$JNUG If you had $5000 and bot shares at $4, you’d have 1250 shares. On the flip side if you bot $5 June calls for $2 (highest price today) apiece you’d have 25 options. If this thing moves to say $12 before expiration, your shares would be worth $15k. Your options meanwhile would be worth $17,500 (minimum). If this moves to $25 your shares would be worth $31,250. Your options meanwhile would be worth $50k (minimum). I know it’s not the best idea to hold options in leveraged vehicles, which causes a double decay for your money, but if it’s a moonshot scenario, it’s food for thought. It’s also fun to look at. Good luck all.
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