options, page-23

Befire the options hot their exercise price or expiry, it's sort of just like trading heads.

If they come in the money thats when you make big bucks. You basically gambled a small amount of money up front for certain returns when in the money. Sort of:

Buy 1,000,000 options at $0.001. Costs $1000.
Share price hits $0.016, you make $1000 profit. But you need to be able to stump up short term $15k to convert and the sell your 1,000,000 options. But whatever, you're now buying $1 for 90 cents so to speak, but you doubled the return on your initial $1k option gamble.

Price hits $0.017, you make $2k profit on your $1k option outlay.
Price hits $0.018, you make $3k profit on your $1k option outlay.
Price hits $0.019, you make $4k profit on your $1k option outlay.
Price hits $0.020, you make $5k profit on your $1k option outlay.

That's how you get filthy rich, if that's your thing.