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So, if you buy options at $0.013, let’s say for $5,000 (384,615...

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    So, if you buy options at $0.013, let’s say for $5,000 (384,615 options), then, if you decide to convert, you’ll pay 384,615 x 0.015 = $5,769. This means you pay $5,000 now and $5,769 when converting, for a total of $10,769. If you don’t convert, you would lose the initial $5,000. Is that how options work? Also, is there a minimum number of options you have to buy? And will the exercise price stay the same at $0.015? Pardon me if it’s a stupid question
 
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