Its still a win for the employee. Remember the ipo was priced at $24 so im sure thats higher than what they expected before they went public. Of course human greed always wants a higher price and it is painful to see it go up to 96 and back down to 63, But they shouldnt complain at anything higher than 24.
I am trading it back and forth.
Another way you can do it is to sell naked calls on your vested options for the Dec 26 strike.
It would be cheaper to open an online account and short the stock, so you dont have the extra expense (premium) of the put contracts as time goes by.
Probably not, but if you were vested in shares at ipo price of $24 thats a good deal, why would you buy puts now?
They sold at 86 and that made the price drop to 70 because obviously why hold a stock at 86 if the company is selling more at 75 that means they question the current value.
The lock up is for insiders who have no choice but to sell on that date at the earliest, if it drops too much they would rather hold on and sell at a later date, like in the case of facebook. FB shares were in the teens because shorts were driving the prices down before lock-up and this is the same case.
If you are the genius then you should sell all shares you have and short it now, since you think it will go to $45.
The reason why it wont decline another 30% is because investors just bought 11 million shares at $75 and they are cost averaging down cheaper
I think Amazon, Twitter and Delias are more scams, because they lose money.
At least gpro makes money although the pe is high 260ish
A god time to buy is between 55 and 70, but it might test 65 support, we are already at 70 support.
There is evidence of this by the lowering of the volatility of the options the last 2 weeks and the near future.
Selling calls doesnt neccesarily drive the share price down of the stock.
The big difference between fb and twtr is fb makes money. Twtr loses money because of the stock compensations.