Assuming I were to get all 20 contracts (so far only 8), my cost would be $300 (plus commission). My profit potential is based on whether or not ATOMERA announces news. That far out of the money makes this a lotto bet. If news hits before expiration, because I now control 2000 shares (20 contracts), I would essentially reap $2000 for every dollar above $45 the share price rises. Make sense?