CorMedix Inc (CRMD)

[Lazerking40]

1 option equals 100 shares. The price I am seeing right now is 10 cent options for a $2.50 strike price with an expiration date of 3/21/2019. The option cost is per share, so 1 option equals 10 cents x 100 shares. so, $10 bucks + whatever fees you pay per your trading platform or broker equals the right to buy 100 shares at $2.50 anytime up until 3/21/18 close.

Options are traded sililar to regular stock purchases. There are asks and bids. So you could put a bid in for whatever you want, but the curent ask I see is 10 cents for a 2.50 strike price. If you exercise your option, you would need to pay $2.50 per share. So you would pay $250 for your 100 shares. Good news is you can only lose $10. Bad news is that you lose upside from .62 - 2.50. That's why I wish there was a $1 or $1.50 strike price......but no options for that right now.

I'm not sure if the lack of options means much of anythig. Some nanocaps have no options at all.