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by jagged-chisel
2133 days ago
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You're definitely correct. "Convenience" is emphasized. If it's not convenient to exercise, don't; wait until a liquidity event. This makes me curious: what's the total typically required to purchase one's options (not including the potential tax implications)? Does it vary wildly from a couple thousand to tens- or hundreds-of-thousands? Lottery ticket money, or significant fractions of annual income? |
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