Recent content by alpha.star

You are totally right! The RSU grant event is deterministic regardless of my option purchase (unless I'm buying a gazillion dollars of options). I should therefore hedge it starting from the granted day (e.g., with collar as ajacobson and ironchef suggested), and use LEAPS instead of more short...

Let's say an engineer is joining Apple (APPL) and will receive restricted stock units (RSUs) worth $100k vested over 4 years. The number of shares the engineer will receive is: number of RSU shares = $100,000 / P where P is APPL closing price on the day of the first board meeting after the...