Hi Corsac
With an option you are purchasing a fixed option to buy a share, in this case for 2c.
To purchase this option you will pay what ever the market price is selling at or what you what to set your price for.
These options expire 9th of March, any options past this date which have not been converted for the (in case) 2c will cease to exist.
So if you are able to pick up options for .001c convert for 2c then to be flush on your money you will hope the market price is .021c or above. You can also buy and sell these options all the way up to the 9th of March.
As the 9th of march is not too far away, this is a risky gamble but high risk high gain.
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