connor.jin: What are you going to do if I ask the question again?
Let's say you had $50,000.
You can buy 7,000 shares at $7.50 (14,000 shares on margin). If the stock goes to $15 by July (still severely undervalued, as management says the stock is worth at least $30 a share, or $1billion+), then you make $50,000 (or $100,000 if you bought on margin).
However, if you buy 1,400 of the July calls with $12.5 strike (they cost $35 for a contract now), you will make $280,000 by July.
If you think that WATG is undervalued and if you are not an imbecile, then you should have bought 1,400 July $12.5 calls today.
You claim you have $500,000.
Conclusion: You are either a liar or a nonbeliever or an imbecile, or all three. Pick one, two, or all three!