If I want to make a $1000 bet that, say, a share of AAPL will be $1000 in a year's time, what's the best way to do that?
AAPL is over $600 today, so with my $1000 I can only afford to buy one share. Even if anyone would sell it to me, if I was right I'd only make $400 (66%).
I could buy $1000 worth of Jan 13 AAPL call options at a strike of $750 (currently $35 each), which means if I were right I'd make $7142.
Is there a better option (no pun intended)? I don't care about losing my principal but I do not want to risk any more than that.