yeah the risk is higher but for this example over the last two days it worked in your benefit. Basically in the DWAC(W) stock you get the option to buy the DWAC at a price close to the opening for that day so yesterday it opened at roughly 9$ and the option was for 11.50$ to buy instead of the 20$ price point it was at near mid-day and since it closed above 30$ it was a great profit if sold but HODL. However if the price would have dropped drastically you would have been on the hook for 11.50 a share.