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Re:Google Employees Watch In Horror As 60 Percent Of Their S... by ctkrohn on Friday October 10, 2008 @06:32PM (#329325)
Options don't become worthless when they're out of the money, as long as they haven't expired yet. The probability of the option being valuable at expiry is greater than zero, so the expected present value of the option is greater than zero.
Re:Google Employees Watch In Horror As 60 Percent Of Their S... by hugh on Friday October 10, 2008 @07:04PM (#329340)
Indeed. If anyone has goog options that they think are "worthless" then I'll be happy to buy them at one cent each.