Hi, can someone please explain to me how these options work? I hold FNP shares and have been allocated a number of options. I have not paid for them yet. I understand that the purchase price is $0.98 and I can pay sometime before 2027. They are currently worth $0.076. If I sell. do I owe the balance? Can I buy more at this price and hope the price increases? How do they gain value?
I have only traded shares up to now, so am completely confused with options. Please help!
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