Options Trading Tutorial

Question about Yahoo stock?

I just started working for Yahoo around November of 2007 and as a starting bonus, received "stock options" and "restricted units". I went to the Fidelity website and it seems I have to activate them. Is this the kind of thing that I want to wait for the current stock to be very low to activate? Or does it not matter? Lately, with the news, the stock has jumped up. So I wonder if I need to wait for it to go down before activating. Any help is appreciated!

Public Comments

1. The strike price of the options should already be set so it does not matter when you activate, just when you sell. Ask the strike price and what you need to do to activate them, and sell immediately. (at least some of it). You should have quite a profit .
2. If it is letter stock (restricted) you probably can't sell it for a year. As to the options, an option in this since is not a traded option. It mans you have an option to buy at a set price... sometimes below market value. With all those perks you may be considered an insider, which is another bag of tricks. You should ask YHOO HR not here. I have never heard of having to active a stock so I can't answer that one.