THLD 5.00 calls @.15 look like a better

bet than owning the shares.

Example Own 5,000 shares at 3.40 stock collaspes on negative news about the FDA trials stock drops to 2.00. .Loss of 7,000.

Example Own 5,000 shares at 3.40 stock jumps on great news about the FDA trials stock leaps to 7.00 dollars profit 18,000

Example Own 50(5,000 shares) July 5 call contracts at .15 stock collaspes on negative news lose 750 dollars

Examle Own 50 contracts(5,000 shares) june 5 call contracts at .15 stock leaps to 7.00 profit 10,000

Of course with options you have the time as your enemy. Bets being made that the good or bad news is out within 5 weeks.. July options expire ..