BCN 0.00% 2.7¢ beacon minerals limited

Morning folks Need some education on options, basically how does...

  1. 4 Posts.
    Morning folks
    Need some education on options, basically how does it work?
    Lets go with a hypothetical situation, if I was to buy 100'000 @ 0.019 right now with an expiry 17/8/22, what would one do and when would you do it prior to expiry date. converting to fully paid, costs etc.
    I've got the buy sell of paid shares gig down pat and have been in the black on almost every trade for years but never looked into the options side of things.

    TIA
    https://hotcopper.com.au/data/attachments/1664/1664974-73019f4160fee893a976267f9ccc70d4.jpg
 
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