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by rblatz 1967 days ago
Yeah, I was saying if I were an employee I’d take the slap on the wrist. Likely life changing money on the table. Maybe look into doing what Mark Cuban did with his costless collar if the shares are locked up at a company controlled broker. Although volatility may make that less of a good deal.

https://www.acceleratedfi.com/real-world-options-example-how...

2 comments

In the current environment, it would be impossible to find a long dated symmetrically priced collar like Cuban did. Everyone knows these hype stocks will eventually tank, it's just a question of how and when.
Interesting that Yahoo allowed option trading on the underlying security during the lockup period. Is that ordinary?
The bankers got a good deal smarter after that.