options, page-2

what these options means is that gdy are willing to sell you shares in december for $1.50 each regardless of gdy;s share price 1 option = 1 share' if you sell the options you cannot buy shares for $1.50 which means if gdy share price is $3.00 in december and you did not sell your options you can buy each option = 1 share for $1.50.if someone buys your options for 20 cents then gdy share price must be at least $1.70.for that person to break even .if you do nothing with these options after december they will disappear from your portfolio