‹ BackHN Continuity

Thread

Owed a billion dollars in Nvidia stock

1091 points · 458 comments · Eric_Gullichsen

  1. throw03172019 · · focus · HN ↗
    Don’t options expire (ex. Leaving the company)? How would this work thirty years later?
    1. Vaslo · · focus · HN ↗
      If you’ve exercised them, you’ve essentially bought the stock at that price and own it. Most people just sell them right away because they’re more interested in the payment on the difference between option price and current price. But you technically could exercise/buy it and just hold.
      1. bpodgursky · · focus · HN ↗
        Uh the vast majority of people exercise and hold to start the clock on LTCG. Very rare and frankly mostly financially unsophisticated people who immediately sell just to cash out.
Open on Hacker News to reply ↗

Unofficial Hacker News client; not affiliated with Y Combinator.