| 摘要 |
Disclosed herein are methods of non-cash employee compensation. An exemplary embodiment of a method of non-cash employee compensation may comprise a synthetic stock option program using a synthetic call. A synthetic call can be created without an actual call option by buying both the stock and a put option on the stock. A synthetic put may be created without an actual put option by selling the stock short and buying a call on the stock at the same price.
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