Employee options

 

Updated Aug 8, 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

B.Value/O.Price

Rank

Leverage

Due Date

Remaining

Multiple

Revenio optio-oikeus 2015 C

20,80

6,00

12,78

11,86

86 %

162 %

149 %

177 %

3,5

24.5.2021

654

1,00

Revenio 2015 B Optio

20,80

6,67

9,84

9,56

78 %

171 %

169 %

168 %

3,1

26.5.2020

291

1,00

CapMan 2016

1,75

0,88

0,72

0,64

87 %

128 %

126 %

134 %

2,0

26.4.2021

626

1,00

CapMan 2013C options right

1,75

0,88

0,73

0,62

86 %

129 %

128 %

101 %

2,0

24.4.2020

259

1,00

eQ optiot 2015

9,10

6,25

3,11

2,53

96 %

106 %

105 %

93 %

1,5

26.3.2021

595

1,00