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I'd buy some Put options if I was a Figma employee. Buy them out-of-the-money enough that the premiums are relatively inexpensive. As of right now, it's tradi
by Sohcahtoa82 1y ago
I'd buy some Put options if I was a Figma employee. Buy them out-of-the-money enough that the premiums are relatively inexpensive.
As of right now, it's trading at $138/share, though options aren't available yet, at least on RH. But I'd probably buy a $100 Put option expiring in January. I'd expect that's enough out of the money to balance the premiums versus risk.
- blerb795 1y agoI can't speak to their specific policies, but employees are often prohibited from trading in derivatives on company stock (and are regardless subject to open trading windows, which sometimes do not open until after the lockup has expired)
- robocat 1y agoPlus although the finances might balance out, it takes extra care to ensure taxation isn't unbalanced (or other risks).