KAIO

Hi all,

I'm relatively new to the world of options and I'm trying to understand exaclty how the KAI options work.

My understanding so far is as follows:

If you purchase 100k options at 1c each for $1000 and the share price is above 11c at the end of June you can chose to pay 10c per option to convert each option into a share? And if the share price is below 11c at the end of June you lose your $1000 of options ?

Is this correct ?

If so what is the point of buying options now instead of just shares ? As shares are worth less than 11c each ?

Thanks in advance