Thanks Heaps for all the help guys, i really appreciate it. i believe that i am begining to understand the options system now. i bought some bodoa at 3 cents, i know its expensive, but at the moment the share price is at 8c, does that mean if i exersise my right to buy the shares at 4c, i am 1c clear? also, how do you even exersise your right to buy the shares before the expiry date?