Of course some of the 100 contracts (initial cost of $50) could...

Of course some of the 100 contracts (initial cost of $50) could also be sold for a nice profit of $295 per contract with no further outlay (almost a 6 bagger).

As you can see it takes me a while to think it thru but it IS early and I AM new to this. I seem to have to stumble around the problem when it comes to options! More to think about than just buying a share and selling it.
Cheers
raine