### Comment:
I know what calls and puts are but not sure how to read this yet. I didn't know each one was 100 shares.

### REPLY:
Yes. The $0.08 price listed is the per share price, and they come in bundles of 100. So each contract he paid $8.00. 
  
 20 contracts, $8 each = $160 dollar cost and 2000 shares as an option to purchase at $30 each.

### END.