I agree that options are very dangerous. HOWEVER, in Bucky's case, he can follow on Bioman's options suggestions on CLSN. The in the money calls, at least several months out, do not have all THAT much premium in them, and Bucky can control 2 or 3 times as many shares with the same money. When biotechs have bad news they tend to tank so quickly that it's very difficult to get out with a relatively small loss. I think options on something like CLSN, that is depending on news soon, are actually safer than owning the stock, because you have less money at risk. If you buy options that cost 2 or 3 or 4 bucks, that's what you lose. If you buy the stock at 8 and it goes down rapidly to 2 or 3, you have lost much more.