This is my first time buying options. I bought 1m RDNO at 0.3c...

This is my first time buying options. I bought 1m RDNO at 0.3c 500k of RDN at 0.9c. It’s getting close to the expiry date for RDNO and I’m not yet decided on if to sell or convert.

on one hand, if I convert them, I have to pay $40k, and I’ll be $5k in front, but it also isn't much of a buffer if the price does drop, and also it will greatly increase my current average buy price of 0.9c

if I don’t convert them, currently I’ve doubled my investment and made $3k, but Its possible I won’t be able to better my position in RDN for 4.3c again by the end of December.

Really just wishing I would have bought $40k more with of RDN at 0.9c haha.

I’ve still got a few weeks to decide and I’m really hoping that by the end of December that the price is sitting a bit higher than it is currently, but I’m really not sure what to do.

any tips for a first time options buyer? Things to consider?