Can I Buy Options as Employee (Post IPO)

Does anyone know if there are specific restrictions around buying options (call/puts) as an employee, post IPO, pre lockup expiration?

My thought is if you aren’t selling or hedging shares you own in any way, this shouldn’t be an issue (assuming you have no confidential information). When you’re buying a call/put it’s another party’s obligation to deliver and doesn’t represent pre-IPO ownership in the company.

 

This is matter of discussion between you and the SEC, Bill

I’m a fun guy. Obviously I love the game of basketball. I mean there’s more questions you have to ask me in order for me to tell you about myself. I'm not just gonna give you a whole spill... I mean, I don't even know where you're sitting at
 
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When in doubt, call compliance.

Seriously, this isn't a situation where "I'm sorry" will solve things. If it's a 'no,' then the best scenario is that you have to give up your gains, the worst is you get fired and barred from the industry. If it's a 'yes' then you know you're in the clear. I'm not a very active trader, but I prefer to tell compliance that it might make sense for me to get extra monitoring if I might have MNPI. The more times you play it safe in a grey area, the more likely they are to be forgiving of a fuck-up.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

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