SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Claire's Stores (CLE) NYSE
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scott who wrote (86)1/3/1997 10:26:00 AM
From: Archie Bunker   of 619
 
Remember message 66 to you, what do you make of that? Do you know where we can get insider trading information without paying?

Question:
Why would you exercise an option to hold the stock?
You always own the stock for the strike price of the option.
options last 10 years. This does not cost you a dime and you have a guarentee 45000 shares.
when you exercise you have to pay taxes on the difference between the exercise price and the market price that day.. tax liability..
I don't understand the thinking behind this move.
If you feel the price of the stock is low it would be better to add to your position on the open market and hold. In this case he is paying 45000 x the strike price and paying taxes. Wouldn't it be better to just buy in the open market what you were going to invest in the options this way you compound your gain. what do you think?

Anyways, I want it to go back to $25 before taxes are due.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News