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Single stock call options as lottery tickets (Working Paper)

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   _____   _    _              _    _     ______     ___    
  / ___// | || | ||   ____    | || | ||  /_   _//   / _ \\  
  \___ \\ | || | ||  |    \\  | || | ||    | ||    / //\ \\ 
  /    // | \\_/ ||  | [] ||  | \\_/ ||   _| ||   |  ___  ||
 /____//   \____//   |  __//   \____//   /__//    |_||  |_||
`-----`     `---`    |_|`-`     `---`    `--`     `-`   `-` 
                     `-`
 


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