Uber employees - Are you buying puts?

Amazon IPA!
May 29 20 Comments

There is still over 5 months until the lockup expires. Is anyone buying put options to secure gains at expiration?

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TOP 20 Comments
  • Uber / Eng #muga
    Can’t buy puts on our own stock
    May 29 7
    • Amazon IPA!
      OP
      Part of the employment contract?
      May 29
    • Microsoft MSFTBRO
      Like you cant go out and buy a put contract for Uber stock at all?
      May 29
    • Facebook co6n8q
      Insider trading... it applies to you noobs too
      May 29
    • Amazon qwertyup
      That is a conflict of interest. Very fireable. Your stock is worth zero if you are not able to vest it.
      May 29
    • Uber didify
      LOL, you need to get some financial education @qwertyup, the word you are looking for is hedge instead of vest
      May 30
    • Amazon qwertyup
      I know what a hedge is. I'm saying that if you get fired for puts, you will never had earned the stock in the first place.
      May 30
    • Uber didify
      Ohhh I see, my apologies. The punctuation trip me a bit.
      May 30
  • Facebook public2
    Employement 101, you cannot but derivatives in your own company.
    May 29 3
    • Amazon IPA!
      OP
      Any restrictions on ex-employees with pre-IPO shares?
      May 29
    • Oracle Delios
      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.
      May 29
    • Amazon IPA!
      OP
      The company is Uber
      May 30
  • New / IT
    svml

    New IT

    PRE
    eBay, Principal Financial Group
    svmlmore
    Does not make sense. If you given Microsoft shares and work there no one can stop you from buying put options on robinhood, etc.
    May 29 4
    • OpenDoor ajardoor
      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.
      May 29
    • New / IT
      svml

      New IT

      PRE
      eBay, Principal Financial Group
      svmlmore
      More your own rudeness and incompetence.
      May 29
    • New / IT
      svml

      New IT

      PRE
      eBay, Principal Financial Group
      svmlmore
      Unless this is in your employment / SPA contracts it is legal. And even if this in the contract, 99% you can win in court, unless you are level 2.
      May 29
    • Facebook public2
      Msft is an exception, most of their employees are not insiders and can trade anytime.
      May 29
  • Oath OPnd70
    Don’t worry Uber employees, I’ll buy all the puts in your honor!
    May 29 2
    • Uber didify
      Thanks! Let us know how much money you make!
      May 30
    • Oath OPnd70
      Will do!
      May 30

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