how do i recover my stock options which the date has lasped?

Question

i placed my stock option form in 2006 tax file by accident and did open the letter until i start preparing last year tax filing. I called the company but got the run around.

Answer 1

Stock options are the right to buy stock at a set price by a set date. After that date, they are worthless. If they are bothering with the run around, they don't understand your question. You may as well ask how to get the advertised price at Wal-mart after the ad expires.

Answer 2

You probably can't.

Options have an expiration date for a reason. If you miss it, you are SOL unless your company is willing to bend the rules. Most won't.


WZ