I really appreciate your feedback Toscano! Thank you very much for answering every question I had listed...
I spent some time last night at the optionetics.com website learning some more...
I have one last question: Say I buy 1 contract of a March25 call of SUNW whose ask price is 1/2.... And then the call rises the following day to over $1 with a bid of $1... Does that mean that I can sell the call for a 100% gain without having the exercise the call for the current trading price of price?