Netflix Supplemental Stock Option Plan Modeler

Stock Option Value Calculator
by Amal Ganatra

Netflix Supplemental Stock Option Plan Calculator

This calculator helps Netflix employees compare the value of purchasing Netflix stock versus stock options under the Supplemental Allocation plan. Enter your parameters below to visualize potential outcomes.

How Netflix Supplemental Stock Options Work: Employees can choose to forego a portion of their salary to purchase stock options. These options have an exercise price typically equal to the stock price at the time they are granted and last for 10 years.

Input Parameters

?
The amount of money you plan to invest, either in Netflix stock or options.
?
The current market price of Netflix stock.
?
The price at which you can purchase actual shares using your options when exercised. This is typically the stock price when the options were granted.
?
The cost to purchase each option. This is the direct amount you pay per option contract.

Analysis Results

Shares You Can Buy
2
?
Number of Netflix shares you can buy with your initial investment at the current stock price.
Options You Can Buy
5
?
Number of Netflix stock options you can buy with your initial investment at the cost per option shown above.
Option Break-Even Price
$700
?
The stock price at which your option investment value equals your initial investment. This is the exercise price plus the cost per option.
Options Outperform at
$833.33
?
The stock price at which investing in options becomes more profitable than investing in shares (approximately 67% gain required).

How These Results Are Calculated:

  • Shares You Can Buy = Initial Investment ÷ Current Stock Price
    Example: $1,000 ÷ $500 = 2 shares
  • Options You Can Buy = Initial Investment ÷ Cost Per Option
    Example: $1,000 ÷ $200 = 5 options
  • Option Break-Even Price = Exercise Price + Cost Per Option
    Example: $500 + $200 = $700
  • Options Outperform At = Exercise Price + [Initial Investment ÷ (Options Count - Shares Count)]
    Example: $500 + [$1,000 ÷ (5 - 2)] = $833.33

Value Comparison: Stock vs Options

This chart shows how the value of your stock and option investments change at different Netflix stock prices.

Rate of Return: Stock vs Options

This chart shows the percentage return on your investment for both stock and options at different Netflix stock prices. For options, returns are calculated based on the intrinsic value (stock price minus exercise price) multiplied by the number of options owned.

Understanding Netflix Supplemental Stock Options

How do Netflix supplemental stock options work?

Netflix offers a unique Supplemental Allocation plan where employees can choose to forego a portion of their salary to purchase stock options. The cost per option is typically less than the current stock price, allowing you to control more shares with the same investment.

These options have an exercise price typically equal to the stock price at the time they are granted and last for 10 years, even if you leave Netflix.

When do options become valuable?

Options only have value when the stock price rises above the exercise price. Because you're paying for the options upfront, the stock price needs to rise enough to cover your cost per option to break even.

The stock price needs to rise beyond the break-even point before options outperform the alternative of buying stock directly.

What are the risks?

Options are riskier than stock. If the stock price doesn't rise above the exercise price, your options will have zero value, and you'll lose your entire investment.

With stock, even if the price decreases, you still own something of value. Options require significant stock price appreciation to be worthwhile.

Tax considerations

When you exercise options and sell the resulting shares, you'll generally pay capital gains tax on the profit. The tax treatment can be complex and may depend on your holding period and other factors.

This calculator provides a simplified after-tax analysis, but you should consult a tax professional for specific advice.

Disclaimer: This Netflix Supplemental Stock Option Plan Modeler is provided solely for educational and informational purposes. The calculations, projections, and analyses generated by this tool are intended to serve as general illustrations of potential investment outcomes and should not be relied upon for making investment decisions.

The information provided herein does not constitute legal, financial, tax, or investment advice. Prior to finalizing any investment or transaction, users should consult with qualified legal counsel, financial advisors, and other professional advisors to ensure compliance with applicable laws and regulations and to address specific circumstances.

The creators of this tool make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the tool or the information generated. Any reliance you place on such information is strictly at your own risk.

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Developed by Amal Ganatra