Employee options

 

Updated Dec 14, 2018

 

If a company does have a personal option program, I might first buy the option and decide later if I will sell the options or subscibe shares with options.

 

I try to estimate future dividends for the those options that correct the strike price with dividends and deduct half of estimates from the strike price.

 

I prefer following options:

-price below break-even (BE)

-Black & Scholes formula gives a price better than current price (BS)

-total rank by different measures (RANK)

 

 

Option

Share Price

Option Price

Strike

Corr.strike

BE/opt.price

BS-difference

Growth

B.Value/O.Price

Rank

Leverage

Due Date

Remaining

Multiple

CapMan 2013C options right

1,56

0,67

0,85

0,72

89 %

129 %

6 %

126 %

123 %

2,3

24.4.2020

496

1,00

Revenio 2015 A Optio

13,50

4,00

8,23

8,14

90 %

136 %

101 %

134 %

107 %

3,4

24.5.2019

160

1,00

Revenio 2015 B Optio

13,50

3,67

10,12

9,60

98 %

127 %

139 %

106 %

105 %

3,7

26.5.2020

528

1,00

eQ optio-oikeudet 2010

8,10

7,14

0,11

0,01

88 %

113 %

40 %

113 %

100 %

1,1

25.5.2020

527

1,00

CapMan 2013B Stock options

1,56

0,68

0,83

0,72

90 %

125 %

6 %

124 %

83 %

2,3

23.4.2019

129

1,00

Kone 2015

42,71

12,30

30,40

28,70

96 %

116 %

122 %

114 %

77 %

3,5

24.4.2019

130

1,00

Nokian Renkaat 2013C

27,10

8,00

19,83

18,23

97 %

113 %

122 %

111 %

75 %

3,4

27.5.2019

163

1,00