A cost less collar is when you hedge against shares you have but can’t sell for a while (for example unvested RSUs), by selling calls and buying puts at the same price, it’s how mark cuban was able to sell his yahoo stocks for over a billion when it was worth less than a tenth of that A lot of companies don’t allow its employees to buy puts or sell calls on its own stock, what about FB?
What companies don't allow this? Do they guarantee compensation otherwise like in the NFL?
My prior companies did not allow employees to take any short position against the stock, such as shorting, buying puts or selling calls
Would it be more efficient to just sell european call options that expire when you can finally sell the shares? You collect the premiums and take on none of the risk of the underlying asset.
A call will give you money to limit your upside, but does not limit your downside, if the stock crashes by more than what you made selling the call you are still losing, where if you take that premium and buy a put it’ll limit your downside
Unvested stock?
A better option is to switch company if your unvested RSU takes a nose dive. No need to hedge when you can exit at 0 cost anytime. FB don't allow shorts. Even regular buy/sell are only allowed during trading windows.
Any site to check the prices of US listed derivatives ?
Unless you make as much money as Cuban, they won't bother checking