Doesn't sound like much of a deal to me... To break even the stock has to get over $2.70 a share.

The same $20 will buy you 30 shares of stock (with a lower commission than options) and when the stock gets to $2.70 you already have a profit of over $60 and there is no expiry on the stock purchase. Unless the stock trades over $3.70 before expiry you are better off buying the stock outright..

$3.70 give you $100 profit (less commissions) for the $20 option deal and $91 profit (less commissions) for the stock outright - but with less risk.