Portfolio Protection Analyzer

The Portfolio Protection Analyzer is an interactive worksheet to help investors explore alternatives for using equity put options on the SPX and other indices or ETFs to protect a portfolio that has a mix of stocks close to the S&P 500 or one of the selected indices, ETFs or HOLDRs. To use the Portfolio Protection Analyzer enter the size of the portfolio you want to protect, identify the index or ETF closest to your portfolio then click a button for the exact number of protective puts to buy and the strike price.

This is an interactive tool so you can try different values and see how the numbers look as many times as you want to try out different scenarios for the portfolio you want to protect.