### Comment:
Right, you hit $0 and that's it.

### REPLY:
New to all this. That's my understanding too. I don't know why this site https://www.dummies.com/personal-finance/investing/investing-strategies/the-basics-of-trading-options-contracts/ equates 'right' to 'obligation.' Unless I'm misunderstanding it, gain or loss, you don't have to exercise the options.

### END.