If you don't intend to convert your options to shares then you can trade options the exact same as shares...Buy at 20c sell at $1 then make 80c profit... What you are really doing however is buying the right to convert your options to shares for 25c at any time before expiry...If you want to convert you need to pay 25c for every option you hold...You do this by sending a form and cheque/bpay to the company
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