RE:RE:Kelvin,I have a feeling we're not in Kansas anymore FEC Call options ..these are just the Option to Buy at a fixed price at a date in the future..they also fluctuate in value and ultimately expire worthless if not exercised so the risk is greater in that sense ..however it gives you exposure to gains once the stock price rises above your Strike so choosing the strike price is a key element since the variable is how much the Cat in the Bag is gonna be worth..I wouldn't buy Call options I would play CGX if it had a bit more volatility..but if you want to learn Options do an Iron Condor on FEC so if it goes down or up within a range you can buy Hush Puppies...try a four contract Iron Condor ..choose the range .. remember this is a derivative setup and has its own risks ..let Clouder tell you about the time he home brewed beer and the RCMP thought he had a lab .....