Leopards Ate My Face

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submitted 2 days ago by ArmchairAce1944@lemmy.ca to c/leopardsatemyface@lemmy.world

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[–] jaybone@lemmy.zip 2 points 2 days ago (1 child)

For stocks, we used to have a choice between options or grants. Options were always a joke because you were basically paying market value when they vested, so you could just go buy them on the market for the same price. So I always chose grants, which were 1/4 of what they offered you in options.

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[–] Ninja876@lemmy.world 2 points 2 days ago

IDK what they would call ours, they would give you "x" amount of options at market but they we not real stock. When the trade window was opened you could sell them for the profit of the original issue price. So say they give them at 10 bucks and the window opens and its at 20 bucks you make 10 bucks per share.

It was a joke as the stock tanked every option window.

I did get lazy w/ one company and bought all company stocks w/ my 401k. They ended up being bought out by a major US blue chip company. That was a lucky wind fall.

Win some, lose some.

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