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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