Employees cannot buy derivatives on the company they work for. However, what if someone buys the puts before the start date, and set the expiration date after the first vest?
I was thinking about doing this to protect stocks going down from hurting TC.
Totally legit and it's a decent way to take some risk off the table. The company wouldn't like it though.
Thought the same, but they could be expensive - depends on the company, timing.
I don't see how betting against the company you work for could be seen as legal. Call options? If you both buy and dispose of them without any insider knowledge, probably okay.
Buy before starting, so no inside info.
What do you mean? If you buy puts, isn't downside risk limited to premium?
Momentary stroke on my part. I was thinking of selling calls.
I’m kinda curious what is your reasoning for working for a company that you think will do bad? They pay a high base or something?
Hedge against TC maybe