88E 25.0% 0.3¢ 88 energy limited

88E Options info for newbies, page-9

  1. 771 Posts.
    lightbulb Created with Sketch. 149
    so my understanding is that up until March 2018 i can trade my options for 2c above the buy price of the 88eo for a normal share?

    theoretically i buy & hold 100,000 options at 0.025 =$2500
    share price rises to 0.06 (fingers crossed)
    i can effectively trade my 100,000 options for $0.02/share= $2000 for (=.045 total ($4500))
    for 100,000 shares at 0.06 ($6000)
    yes or no???
    excuse my ignorance i'm new to this
 
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