---
title: Cheap Stock Options
url: https://www.ml-quant.com/papers/ssrn/4836176/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4836176
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4836176
featured: 2024-05-22
citations: unknown
topic: Derivatives & Volatility
---


# Cheap Stock Options

The research investigates cheap stock - equity-based compensation granted pre-IPO at a lower price, finding it leads to greater IPO underpricing, lower post-IPO investment, and higher CEO compensation.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4836176
- Identifier: SSRN 4836176
- Released: 2022-04-20
- First featured: Quant Letter No. 50 (2024-05-22): https://www.ml-quant.com/issues/2024-05-22/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Derivatives & Volatility

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