Finances can be complicated, but they don't have to be.

I break down financial topics that may seem complex and overwhelming so you can start taking action on your financial goals.

I'm Ari Talby, and it all starts here on Personal Finance Redefined.

Hello everyone and welcome to another episode of the podcast.

Once again, I hope you've all been enjoying the process following along.

Please, as always, I love listener questions.

So if you want to send those over, I'd be happy to answer them.

You can DM me on Instagram at Ari Talalbile, or you can also go to

my website and submit a question. That's going to be at personalfinanceredefined.co. Okay, let's go ahead and get

into it. So today's episode is going to be about stock options. So what are stock options? Well,

stock options can be really exciting. And if your company offers them, there's a ton of

great planning work that can be done in important ways to keep those options, especially from a tax

perspective, how best to maximize those options, how to exercise, and when does it make most sense?

For those of you who have not been offered stock options, like myself, I think you just might find them

fascinating because just as I do, the way they work is really interesting. So let's get right

into it. What does it mean when you're given stock options? So when you're given stock options,

it means a company is awarding you compensation. Some companies would do a bonus, others do a pension,

but let's say yours is doing

stock options. It means that you have the right to buy X number of shares at X price.

Now, let's best explain this through an example. If you go to buy Apple today, Apple's stock,

it's worth around $128 a share from the day of today's recording. That's the

price you have to pay to receive one stock. So if you go ahead and go buy one stock of Apple,

...