Be Aware!

....to say the least. Anyone ever heard of buying an option? Wheather it be on some stocks, a house, or a car? When you purchase an option you pay, up front, an agreed amount of money to the seller to hold that item for an agreed amount of time. At the termination of that time frame the purchaser has the right to exercise his option by paying the full amount of an agreed purchase price or decline to purchase the item and then at that time the price paid for the option becomes" The price one pays for the opportunity to tie up another mans property". Most options i have ever dealt with or purchased were of a lesser percentage of the purchase price. Sounds like someone chose not to exercise their option.
Very pleased to see that this thread didn't contain a bunch of foul language.