4 ms·
I think you’re saying you shorted the entire US equity market, which I think is probably fine. You probably won’t get caught, but buying puts, or anything mod
by mercutio2 7y ago
I think you’re saying you shorted the entire US equity market, which I think is probably fine.
You probably won’t get caught, but buying puts, or anything modeled to behave like one, for your employer’s stock is almost certainly a violation of your employment contract if they’ve granted you RSUs.
“You will not short, or otherwise participate in derivatives associated with the stock” is standard RSU boiler plate.
- hbbio 7y agoHe's shorting Chipotle and I doubt he works there.
- songzme 7y agothat's right, I don't work at chipotle and I made sure I don't short my employer's stock. Also correct, I'm essentially shorting the entire equity market. Chipotle is very volatile so there would be quite an upside if market trends downwards.