wellIVZOA has a strike of 20cCurrently Valued at 3cso like......

well
IVZOA has a strike of 20c
Currently Valued at 3c
so like... buying it now would mean you need it to go above 23c for it to "break even" on strike (but like you can sell before to still make profit so its not quite the same)
You can also not strike and let the options expire but then they worth d!ck

So you essentially doing a higher risk higher reward play there.

theres some martha-stewart f*kn method
Black-Scholar?
Black-Scholes (i googled)


I kinda made those numbers at the end up a little.... but that gives you a rough picture of it

I dno if that helps at all - but feel free to ask more questions... i reckon someone smarter than me can help / ill do my best