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Old 04-14-2023 | 05:22 AM
  #41  
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Originally Posted by Broncos
No you won't. Delta's trading policy does not allow trading DAL with options.
Well I'll be damned. Good looking out. Thought restrictions only applied to Management types with inside info. Turns out all employees prohibited from options, hedging, shorting, or using margin.
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Old 04-14-2023 | 06:26 AM
  #42  
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What about spouses?
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Old 04-14-2023 | 08:10 AM
  #43  
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Originally Posted by CX500T
What about spouses?
Ok Nancy Pelosi/Richard Burr (there I got both sides).
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Old 04-14-2023 | 10:23 AM
  #44  
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Originally Posted by Trip7
Well I'll be damned. Good looking out. Thought restrictions only applied to Management types with inside info. Turns out all employees prohibited from options, hedging, shorting, or using margin.
worrying about this is like worrying someone is going to find out you have a non TSO’d headset.
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Old 04-14-2023 | 11:01 AM
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Oh my god they found me
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Old 04-14-2023 | 01:30 PM
  #46  
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Originally Posted by DenVa
worrying about this is like worrying someone is going to find out you have a non TSO’d headset.
Don’t think the consequences are even remotely the same
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Old 04-14-2023 | 11:26 PM
  #47  
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Originally Posted by JustNarced
But are they looking? If you were shorting the stock and intending to do harm, I think that would be different than investing in an upswing. You are correct, the question is are they looking at calls? How much would it cost them to investigate this over 80,000 employees over how many possible brokerage firms out there?
Very simple. One of the new 80,000 friendly IRS agents audit you. Employer issuing w2 = DAL. Tons of options contracts = DAL. You’ve gotta be able to explain that away.
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Old 04-15-2023 | 06:47 AM
  #48  
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Originally Posted by TegridyFarms
Very simple. One of the new 80,000 friendly IRS agents audit you. Employer issuing w2 = DAL. Tons of options contracts = DAL. You’ve gotta be able to explain that away.
does the IRS report trading activity to delta? Even with the scary new employees?
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Old 04-15-2023 | 09:10 AM
  #49  
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Criminal and civil penalties may apply, along with presumably disciplinary action by the company if you color outside the lines. Never been a company stock person; I was a bit I surprised after reading the ins/outs of potential pitfalls on the company employee website after my curiosity was piqued from this thread.

Company has names and phone numbers on the net you can call/email if you have any questions about what you can/can’t do. Seems much easier than rolling the dice and saying “I won’t get caught..probably.”
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Old 04-15-2023 | 11:58 AM
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Originally Posted by DeltaboundRedux
Criminal and civil penalties may apply, along with presumably disciplinary action by the company if you color outside the lines. Never been a company stock person; I was a bit I surprised after reading the ins/outs of potential pitfalls on the company employee website after my curiosity was piqued from this thread.

Company has names and phone numbers on the net you can call/email if you have any questions about what you can/can’t do. Seems much easier than rolling the dice and saying “I won’t get caught..probably.”
there are not criminal penalties for trading options on their own company unless you’re using insider info. Delta policy prohibits it, but criminal penalties is a huge stretch.
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