Stock Market Today

You don’t know what you have, me thinks.

Yes, your additional comments suggest you were not granted stock, you were granted stock “options”. It was the right to *buy* the stock at the $31.72 price. That is a good deal if you stayed with the company for many years and the stock went up before you had to buy it. Then you would could pocket the profit.

But with the stock below the option price the option is worthless or “out of the money” as they say. There is no profit on the option.

Just let it expire. Options for employees is for the long term and often granted at or above the price at the time.

You can think of it this way. If you can buy it on the open market at $27 now, there is no reason to pay $31 for the option price and lose money.

Sorry to tell ya. They gave you something that is now worthless in this bear market.