Uber employees - Are you buying puts?
There is still over 5 months until the lockup expires. Is anyone buying put options to secure gains at expiration?
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Facebook public2 May 29, 2019
Employement 101, you cannot but derivatives in your own company.
Any restrictions on ex-employees with pre-IPO shares?
Oracle Delios May 29, 2019
It depends on the company. Microsoft never had any restrictions. I made a steady monthly profit selling out of the water calls when the stock was going nowhere. It went on for four or five years.
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svml May 29, 2019Does not make sense. If you given Microsoft shares and work there no one can stop you from buying put options on robinhood, etc.
OpenDoor ajardoor May 29, 2019
No one will stop you, but that doesn’t mean it’s not illegal. I don’t know if it is or isn’t, just pointing out the silliness of your statement.
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svml May 29, 2019More your own rudeness and incompetence.
Can’t buy puts on our own stock
Part of the employment contract?
Like you cant go out and buy a put contract for Uber stock at all?