@Corza000 Its basically the same as a share, only the options have an expiry date. ZEUO expire 7th of Feb 2025. Now you have two options, you buy and sell them, treating them essentially as an ordinary share, provided you're done with this before they expire, or you pay the conversion cost and convert them from an option to a full ordinary share, which the conversion price for these shares is 2c per option.
Here's where the leverage is with the current price. You can buy ZEUO on market now for 2.6c, you can then send your conversion paperwork and your 2c per share to the company and convert your options. Say you've bought 100k options at 2.6c for $2,600, you then send through $2,000 to convert your options to full shares, which would have cost you a total of $4,600 (plus fees), and at the current price of 5.1, you now have 5 pips of profit already in your options turned ordinary shares.
Hope that makes sense.
Also, if you don't convert the options and hold them until 7th of Feb 2025, your options will then lapse and will be disappear.
