If stock prices went down-- by the way, bond prices went up.

当股价下跌,顺便提一下,债券价格会上涨

耶鲁公开课 - 金融市场课程节选

It must have been that they somehow knew on the issuance date that the stock price was going to go up, but he said they couldn't possibly know that in these general circumstances.

这一定是,他们在发放期权的当日就知道,股价将要上涨,但是李认为在正常情况下,他们是不可能知道的

耶鲁公开课 - 金融市场课程节选

If stock price option -if stock options tend to be issued as announced by the company later, just before stock prices go up, there's no way that that can be right because nobody can know exactly when the stock price is going to go up.

如果股票期权价格...,如果就像公司事后宣称的一样,公司恰好是在股价上涨之前,发行的股票期权,这是不可能做到的,因为没有人可以确切知道,股票价格何时会上涨

耶鲁公开课 - 金融市场课程节选