Not always true: even if you own the shares outright, you may be subject to obscure SEC regulations about what you can do. When I worked at BAC, we weren't allowed to engage in any speculative transactions in any security. Covered calls only.
At my current employer, no options transactions are permitted on company stock, not even covered calls or protective puts. Of course, you can just sell it and do whatever you want with the proceeds.
At my current employer, no options transactions are permitted on company stock, not even covered calls or protective puts. Of course, you can just sell it and do whatever you want with the proceeds.