newbies thread & questions feb 12, page-11

Ok, so, I have a bundle of RMXO shares (as well as some RMX) - I initially bought them (RMXO) purely to trade, rather than exercising, but am now wondering if they are useful to actually exercise - but I haven't done anything with options before. Yes, I know I can Google it e.t.c, but I thought I would ask here since it is in better context. Is it worth hanging on to them to exercise, or sell at a .001 profit now? What exactly does it entitle me to?