If you choose to immediately sell your shares, The Hajdari Group can loan you the entire amount required, at a very competitive interest rate, to exercise your options. You then pay back the loan when the shares are received and have the difference from the sale to invest or spend, as you see fit.
If you decide to exercise your options and postpone selling until the shares are received, The Hajdari Group can loan you up to 70% of the stock’s current market value to pay for the exercise. Once the shares are received in your account and sold, we credit you with the available funds on settlement date, less any fees and accrued debit interest on the amount loaned. If you choose to exercise and hold your shares, the exercise should take place in a Hajdari Group Ready Access enabled account*, which will allow you to use your shares as collateral for a margin loan.
First, The Hajdari Group must approve your account for margin borrowing. Next, the marginability of the individual security will be reviewed. Once this has been completed, The Hajdari Group will execute your options and advance up to 50% of the account’s current market value or 50% of the market value of the shares you will receive through the option exercise. Ready Access allows you to borrow at competitive rates and establish your own repayment schedule.