Option Millionaires

[stockmania98732]

what about msft. if i did a jan 12 45 dollar call at .01. and i got 50000 shares 500 dollars in contracts. and the stock went up to 100 dollars before hand. i buy them and now my 50000 shares would be worth 5 million. now would i need to have the 1250000 that it cost to buy those or does my margin account take care of it. now what if i wanted to buy those shares before my date but i want to hold them for longer. like if i believe its going to continue up? would i then need the initial money? im a little confused help a newbie out with some good advice....