Silicon Valley Awash in Stock Options

November 27, 2000 ( - Nearly a third of the households in Silicon Valley have stock options, compared with just 3%-5% in the rest of the country, according to a new Gallup study.

The survey found that nearly one out of three households in Santa Clara County has stock options, along with 23% in San Mateo, 21% in San Francisco and 15% each in Alameda and Contra Costa counties, according to the San Jose Mercury News.

The results contrast sharply with a recent national survey by the Bureau of Labor Statistics that publicly held companies issued stock options to just 5.3% of their employees last year.