It doesnt make sense anyway you shake it, at a .005 starting point you need them to reach 1 cent to double your money, that puts them at 6 cents to exercise.
The share price will see 4.2 before the options see 1 cent, it's way better to buy just buy the shares right now, if they were .001 or .002 maybe worth a spin, but at .005 forget about it dumb.