Tuesday, August 22, 2006

Out of Options

Today was the day that I chose to sell the last of my stock options. Or, at least, the last of my stock options that were "above water".

I was going to have to sell in the next few months anyway, and I just didn't see anything in my crystal ball that made a significant rise in value seem probable. So, since I had the time, I plunked my dime into the pay-phone and called my friendly Stock Option Plan Administrator.

After fees and taxes I'll take home just over two grand. A far cry from the days when I bought a car with stock options, but not bad considering where this stock was selling a few months ago.

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