Belkin, in you example, I think you made a mistake. When the option expires, if the price is below $8, you won't buy the stock at $8.00, you would let the option expire. Why would you buy the stock at $8, when you could buy it cheaper on the open market?
That's the thing about Call options. if they expire out of the money, they are worthless.
This company is solidly profitable. They have no debt, good cash flow, and a PEG ratio less than one.
I think it's a great fit for Opko. I like the deal, so I bought some $BRLI today (on top of an already heavy $OPK holding)