VTI 0.00% 12.0¢ visioneering technologies inc.

Sorry to ask but im trying to learn how options work. Does this...

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    Sorry to ask but im trying to learn how options work. Does this mean that if by 28 feb 2024 the options price is below $3 then i lose all my money even though i buy it today at 26c? How does it work?
 
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