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On the other hand, options require no payment upfront. Once vested, however, the optionholder will need to pay the strike price to exercise their options and convert them into shares. At this point, the optionholders must pay to exercise the options.
WSFS common stock is traded on the NASDAQ stock exchange under the symbol WSFS.
How to trade options in four steps Open an options trading account. Before you can start trading options, you'll have to prove you know what you're doing. ... Pick which options to buy or sell. ... Predict the option strike price. ... Determine the option time frame.
Ways to finance stock option exercise Self-finance ? The employee can finance the exercise on their own by using funds that are available such as cash, relatives, and other personal loans. ... Loan from financing companies ? Sometimes, employees are able to get a loan in order to finance the exercise.
Once you are ready to exercise your options, you typically have several ways of doing so: Cash payment: You can come up with the cash to exercise the options at the strike price. Cashless exercise: Some employers allow you to exercise your options by selling just enough of them to cover the costs of exercising others.