Employee options plan coming into exercise period

[bonkerrs]

Hi all

I have some options in the company I work for. Can I please get some suggestions on what I should do... Or what would you do if you were in my position?

Here are the details:
Option type: Perf Options (?)
Exercise price: $20.68
Exercise period: 05.11.2007 to 04.11.2011
Current underlying share price: $22.05

What are my options with my options D)?!!

p.s. did I leave out any details?

 

[skyQuake]

Hi all

I have some options in the company I work for. Can I please get some suggestions on what I should do... Or what would you do if you were in my position?

Here are the details:
Option type: Perf Options (?)
Exercise price: $20.68
Exercise period: 05.11.2007 to 04.11.2011
Current underlying share price: $22.05

What are my options with my options D)?!!

p.s. did I leave out any details?

Whats the oppie code?

If they're american options, you can exercise them anytime. So if you want to cash them in they're worth about 22.05 - 20.68 = $1.33
Perf options usually don't trade so u wont be able to sell them on mkt

 

[bonkerrs]

Whats the oppie code?

If they're american options, you can exercise them anytime. So if you want to cash them in they're worth about 22.05 - 20.68 = $1.33
Perf options usually don't trade so u wont be able to sell them on mkt

It's an Aussie (and New Zealand) company.

I'm going to do a cashless exercise and pocket the the diff (approx $1.33) minus the brokerage.

 

[bonkerrs]

Here are the details:
Option type: Perf Options (?)
Exercise price: $20.68
Exercise period: 05.11.2007 to 04.11.2011
Current underlying share price: $20.64

Oh no. The options expire tomorrow!!

Is it possible to extend the expiry date? Or what can I do?

If I can't do anything about it. Looks like I'm going to loss out completely!