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Hi Everyone, I am trying to apply for a Technical Support role at Dropbox I’m entering all the required fields but there seems to be an issue, when I hit submit after filling the form, it doesn’t submit and throws error ‘Looks like you left this blank! Please fill out this required field’ when all the fields are entered already (I have checked so many times, and filled the form from scratch several times too). Anyone from Dropbox who can put me in touch with HR or suggest what I should do next?
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SM promoted from M salary range? EY
Does NYC or SF pay more all else being the same?
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If you need the money in a year then it absolutely makes sense to hedge. You may win or lose on the deal but locking in what you need is better than gambling with it, which is what you’re doing if you don’t hedge against potential losses.
CEO1, I agree that they would need the liquidity or to cover the loss on the short position, so it depends on how many shares OP is trying to hedge and how the position compares to their overall net worth and liquidity. The issue with buying puts or shorting a tech ETF is that these are "dirty" hedges and so it does not fully lock in the position. Even with a put the put position and underlying wont move exactly together, and have to buy long dated otherwise have to keep closing it out and buy new puts. But probably close enough for OPs purposes
If the options have bested consider a trailing stop. Set a percentage from the current price that meets your needs, and as the price continues to appreciates it continues to ratchet up the stop. If the price goes down to the stop it hits and you cash out.
If your options haven't vested then buy put options at the minimum sttike price you'd be happy to sell at for the dates your options vest. The lower the strike price the cheaper the put option. Note, if you put a strike price that's equal to the price today it'll be super expensive.
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Rising Star
You are almost certainly not allowed to hedge your company stock.
But you can hedge an ETF that is closely correlated.
Also make sure you look at the trading policy. My FANG prevents you from trading options, selling short and only within a certain window a month after earnings.
Rising Star
Im there, I’m betting on high and selling then
An alternative to OTM puts are levered bear ETFs or gold ETFs. IV is still high so options are expensive anyway. This way you you're not exposed to theta or get crushed by IV