CDV 0.00% $1.08 cardinal resources limited

CDVOA

  1. 40 Posts.
    Hey im just having a little trouble understanding options, i know its not really on topic but i just want some things cleared up. If i buy 1 option contract for 5 cents to purchase stock at 10 cents, and then tomorrow the stock price goes to 20 cents can i immidiatly buy 100 shares at 10 cents and sell them at 20 cents to make a profit of $9.95? Also what happens if you do not have enough money to purchase the shares when you want to exercise your options, can you get a loan?
 
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Currently unlisted public company.

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