Stock options require waiting for the exercise period.
Tips
usage
Standard term in Chinese tech and finance. 期权 alone means 'option' (financial instrument); 股票期权 specifies the underlying is stock. Common acronym in Chinese startups: ESOP (员工持股计划).
culture
Chinese tech firms imported ESOPs from Silicon Valley in the 2000s — Huawei's 虚拟股 (virtual stock) system is famous, and Alibaba's 2014 IPO minted tens of thousands of option millionaires.
