Employee options

 

Updated Jun 4, 2019

 

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

Revenio optio-oikeus 2015 C

20,10

7,00

12,78

11,80

94 %

131 %

97 %

119 %

137 %

2,9

24.5.2021

719

1,00

eQ optiot 2015

8,86

5,20

3,11

2,52

87 %

124 %

56 %

122 %

130 %

1,7

26.3.2021

660

1,00

CapMan 2016

1,57

0,79

0,72

0,64

91 %

120 %

1 %

117 %

127 %

2,0

26.4.2021

691

1,00

Revenio 2015 B Optio

20,10

8,67

9,84

9,56

91 %

124 %

76 %

122 %

102 %

2,3

26.5.2020

356

1,00

CapMan 2013C options right

1,57

0,79

0,73

0,62

90 %

121 %

0 %

120 %

94 %

2,0

24.4.2020

324

1,00