It's a good introduction. http://jvns.ca/blog/2015/12/30/do-the-math-on-your-stock-option
亮点在最后。
On liquidation preferences: Suppose a VC invests 100M, and is promised a 3x
return on investment. If the company later sells for 300M (or less), the VC
gets all of it and you get nothing. That’s it. Liquidation preferences are
important to know about.
Things you should know about stock options before negotiating an offer
Are you considering an offer from a private company, which involves stock
option... 阅读全帖
很多大牛都是玩Options亏费的
Before you make use of options in any way, it’s essential to fully
understand the risks involved, and to be certain that you are prepared to
accept them. The bullets below outline general risks as well as the special
risks associated with writing uncovered options.
General Risks
Options are complex and risky, and are not suitable for many investors. This
applies to both the purchase and the writing of options. Unless you clearly
understand the rights and obligations that an opt... 阅读全帖
here's incentive stock options:
Incentive stock options (ISOs), are a type of employee stock option that can
be granted only to employees and confer a U.S. tax benefit. ISOs are also
sometimes referred to as incentive share options or Qualified Stock Options
by IRS [1] .
The tax benefit is that on exercise the individual does not have to pay
ordinary income tax (nor employment taxes) on the difference between the
exercise price and the fair market value of the shares issued (however, the
holder ... 阅读全帖
Only buy call If there is a buy signal. Option expiration is default to next
month.
KE Option for SPY
Date Close Price Trading Signals Target Price Strick Call
Price Call Target Call Delta
Fri May 13 2011 134.04 - 140 0.64 0.73 0.19
KE Option for GE
Date Close Price Trading Signals Target Price Strick Call
Price Call Target Call Delta
Fri May 13 2011 19.89 - 20 0.41 0.45 0.5
KE Option for SINA
Date Close Pri... 阅读全帖
Special dividends are different than regular cash dividends in that only the
former cause strike prices to be adjusted on option contracts. [4] This is
because special dividends are not expected, and therefore would result in an
unexpected transfer of wealth from those owning call options to those who
sold them (vice versa for put options).
For example, say XYZ is priced at $40 today, and has a special dividend of $
1. Since call option holders are not entitled to dividends, a holder of an
optio... 阅读全帖
三位包子已发，没人提option house不适合玩subpenny，呵呵。 http://www.optionshouse.com/rates/fees/
Index Fees per Contract2 $0.35
OTCBB (Pink Sheets)3 $0.005/share
FINRA TAF4
Options Regulatory Fee5
Regulatory Fee on Equity and Option Sales6
1 Broker call is a variable rate that banks charge brokerages to cover the
security positions of the brokerage customers. Broker call is currently at 2
.00%.
2 OptionsHouse charges an additional $0.35 per contract on certain index
products where the exchange cha... 阅读全帖
三位包子已发，没人提option house不适合玩subpenny，呵呵。 http://www.optionshouse.com/rates/fees/
Index Fees per Contract2 $0.35
OTCBB (Pink Sheets)3 $0.005/share
FINRA TAF4
Options Regulatory Fee5
Regulatory Fee on Equity and Option Sales6
1 Broker call is a variable rate that banks charge brokerages to cover the
security positions of the brokerage customers. Broker call is currently at 2
.00%.
2 OptionsHouse charges an additional $0.35 per contract on certain index
products where the exchange cha... 阅读全帖
明白了，多谢。
找到broker自己的解释了， 会自动exercise.
Options will either be exercised/assigned or expire on the expiration date.
For equity options, exercise or assignment results in the purchase or sale
of the underlying shares represented by the contract(s). Exercise or
assignment of index options results in an exchange of cash based on the
strike price of the option.
Here are a few things to keep in mind about exercises and assignments:
Equity options $0.01 or more in the money will be automatically exercise... 阅读全帖
背景：
2016年的年初，我开始了我的Option之旅，开门红，几千块钱几天内赚了一万（http://www.mitbbs.com/article_t/Stock/36544075.html），兴奋地上版上来显摆显摆。很快，我就不见了踪迹（read：一万块又没了），你懂的。。。我现在来了（read：又赚了些），你懂的。。。我可能又会消失（可能又全陪），你懂的。。。所以下面的，对与不对，各位看官就当茶余饭后消遣，当然也欢迎点评。
摘要：
去年在整体牛市，S&P闭着眼睛都21%，真是想赔太难了。我的主账户净利润在50%？，
也就是大概五万多。401K和HSA什么的也有，但是因为基本长线，我个人参与的不多，
也有20%~30%(说实话，大家如果啥都不做，应该都是这个范围）。但是跟很多option大
赚，然后大赔，然后说今生不再碰option的不同，我还在碰，应该说之碰。
心得：
1.2017年有运气，而且是狗屎运(trump's deregulation and later tax reform and
no big crisis+worldwide recovery)。所以过去一年吹牛赚了... 阅读全帖
Options for the Beginner and Beyond: Unlock the Opportunities and Minimize
the Risks [Free today only Kindle eBook]
Kindle Price: $0.00
You Save: $29.99 (100%)
Review
Trader, professor and editor of a successful options newsletter Olmstead
consolidates his vast knowledge and experience into this accessible guide to
options.
Appropriate for both beginners and more seasoned investors, this book covers
everything from the basics of call and put options to advanced topics like
delta-neutral trading... 阅读全帖
骑驴找马拿到一startup的offer，对stock options不是很熟悉。 我现在所在的公司发
的是rsu，对stock options没啥具体认识。这个startup可能明年ipo，想问问这种
stock options有搞头么？ 不指望这发财，但是也不想risk太高白干一场。
Subject to the approval of the Company’s Board of Directors, you will be
granted an option to purchase 18,000 shares of the Company’s common stock.
The option will be subject to the terms and conditions applicable to options
granted under the Company’s 2010 Stock Plan, as described in that plan and
the applicable stock option agreement, which you will b... 阅读全帖
http://www.bloomberg.com/news/articles/2015-12-17/big-ipo-tiny-
Big IPO, Tiny Payout for Many Startup Workers
Jeff Sutton led the corporate IT team at Box for four years, as the online
file-sharing company grew from 50 employees to more than 1,000. He joined
Box from IBM, making about $95,000 a year—forgoing the higher salary
somebody with his decade of experience in systems administration could have
made so he could collect stock options, roughly 21,000 in all.
When Box went public at the begin... 阅读全帖
CITIC Securities, a leading securities house in China, is looking for
experienced option traders to prepare listed option market making and
develop OTC option business in China.
Job Title: Stock Option Trader
Department: Equity Derivatives
Job Grade : VP-SVP
Status : Permanent
Location : Beijing
Job Purpose
Trade single stock vanilla options and equity index options.
Key Responsibilities
1. Responsible for building the OTC option trading and market making
platfor... 阅读全帖
Subject to approval by the Board of Directors of the Company
(the “Board”), you will be granted an incentive stock option (the “Option
”) to purchase 50,00
shares of the Company’s Common Stock (the “Common Stock”). The exercise
price of the
Option will be the fair market value of the Common Stock on the date of
grant as determined by
the Board. The Option will begin vesting on Effective Date (the “Vesting
Start Date”). The
Option will begin vesting on the Effective Date and, subject to your
cont... 阅读全帖
【 以下文字转载自 Quant 讨论区 】
发信人: citicsequity (citicsequity), 信区: Quant
标 题: Stock Option Trader Position on EFinanicalCareers
关键字: option trader
发信站: BBS 未名空间站 (Thu Sep 26 02:14:26 2013, 美东) http://jobs.efinancialcareers.com/job-4000000001249987.htm/keyw
Stock Option Trader (Work location – Beijing)
CITIC Securities, whose A shares are listed on the Shanghai Stock Exchange
and H shares are listed on the main board of The Stock Exchange of Hong Kong
Limited, is a leading investment bank in China. CI... 阅读全帖
Simply, there is no easy money.
(1) Options are expensive most of the time. When they are cheap, they are
about to expire. The far OTM options are cheap, but they will not appreciate
much unless the price has huge move so that they are near ITM. MMs do not
want you make easy money and they will let the underlying stock price move
just one dollar at a time WHEN the options are expensive (you will not make
much money from expensive options) and then the price settles down and they
sell options and... 阅读全帖
Subject to approval by the Board of Directors of the Company
(the “Board”), you will be granted an incentive stock option (the “Option
”) to purchase 50,00
shares of the Company’s Common Stock (the “Common Stock”). The exercise
price of the
Option will be the fair market value of the Common Stock on the date of
grant as determined by
the Board. The Option will begin vesting on Effective Date (the “Vesting
Start Date”). The
Option will begin vesting on the Effective Date and, subject to your
cont... 阅读全帖
居然还要我买
Stock Options.
Subject to the approval of the Company’s Board of Directors or its
Compensation Committee, you will be granted an option to purchase XXXX
shares of the Company’s Common Stock. The exercise price per share will be
equal to the fair market value per share on the date the option is granted
or on your first day of employment, whichever is later. The option will be
subject to the terms and conditions applicable to options granted under the
Company’s 2007 Stock Plan, as descri... 阅读全帖
DATE: January 19, 2011
TO: Permit Holders
FROM: Scott Speer
RE: *****UPDATE*****UPDATE*****UPDATE*****
American International Group, Inc. ("AIG & adj. AIG1")
Distribution of Warrants
Ex-Distribution Date: January 20, 2011
NOTE: American International Group, Inc. (AIG) announced on January 12, 2011
that the condition required for its previously announced dividend of
warrants
has been satisfied.
American International Group, Inc. ("AIG & adj. AIG1") has announced a
distribution of American Interna... 阅读全帖
