Re:Do the math on your stock options
by Smaug123 on Thursday December 31, 2015 @05:33AM
(#10817093)
I have a single peeve with this otherwise excellent article: "My after-tax salary is less than $100,000 USD/year, so by definition it is impossible for me to exercise my options without borrowing money."
This fact isn't true "by definition". It's true "by arithmetic". We say a fact is true "by definition" if it isn't true for any other reason. [1]
Re:Do the math on your stock options
by Rapzid on Thursday December 31, 2015 @05:55AM
(#10817128)
Last I had options there were companies(etrade in my case IIRC) that will do the whole buy/sell for you; they flip them instantly and give you the cash. I suppose that depends on the type of options and how the company has it setup?
This fact isn't true "by definition". It's true "by arithmetic". We say a fact is true "by definition" if it isn't true for any other reason. [1]
[1]: http://lesswrong.com/lw/nz/arguing_by_definition/