so if I don't sell them and they expire then basically I lose the capital I invested. If they hit the price of 0.10 then you can choose to pay for them or not.
i.e option purchase 100,000 shares at 4c options expire 1/6/10
if the shares hit 13c i pay only $10,000 for them instead of $13,000.00. + $4000 that I purchased the options for?
if I decide not to take the option then I only lose the $4k capital injected.
VIL Price at posting:
7.8¢ Sentiment: None Disclosure: Not Held
