If you thought the Comex actually might default, wouldn't options on one of the major players that is undervalued be a great way to play it?
You get a great stock one way or another. It's probably bottomed.
You might get explosive growth. If you don't, well, you didn't buy it, now, did you?
That's my guess as to why the options. But as a YRI shareholder, I can't say I'm complaining.