Long time lurker, newish member, my 2nd ever post I...

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    Long time lurker, newish member, my 2nd ever post I think?

    Disclaimer - I'm relatively new to investing in general, but I'm keen to learn as much as possible.

    I've been searching for info about options, googled and youtube'd quite a bit.

    I understand the basics of options, but my question is this;

    If a company has options listed i.e xxxOB, and the price is say $.02c, that would be the price you pay per option today. If the options don't expire for 12 months, and in that time they go up to $0.20c, do you then have the option to purchase that number of full shares for the same original price?

    I realise there are "call's" and "put's", but when I trialed a purchase just to see, there didn't appear to be either option available?

    Is this a different type of option or am I missing something.

    Any advice or input would be greatly appreciated.

    cheers.
 
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