Align Technology (ALGN) Protective Put Calculator
Calculator · free · no signup · ALGNPrice a protective put, zero-cost collar, or put spread on Align Technology. Annual cost, max loss, upside cap, tax treatment, auto-filled from current ALGN option chain.
AlphaLatitude Inc. · Free ToolsOur tools respect your browsing privacy. Independently verified:
You priced one hedge. The beta picks the right hedge structure given your full equity stack and tax situation.
Request beta access →Related calculators: Stock Concentration Calculator
About Align Technology
Align Technology (ALGN) is a public Medical Device company, incorporated in Delaware and headquartered in Tempe, AZ.
Last close: $143.74 per share (as of 2026-10-04).
Equity grants at Align Technology typically include restricted stock units (RSUs).
Align Technology, Inc. is an American manufacturer of 3D digital scanners and Invisalign clear aligners used in orthodontics and restorative workflow. It was founded in 1997 and is headquartered in Tempe, Arizona. The company manufactures the aligners in Juarez, Mexico, and its scanners in Israel and China. The company is best known for its Invisalign system, which is a clear aligner treatment used to straighten teeth.
Source: Wikipedia (CC BY-SA 4.0)
Two Stanford students, Zia Chishti and Kelsey Wirth, founded the company in 1997 on the idea that a series of clear plastic trays could move teeth without brackets and wire, and Invisalign became the product that defined the category. The business depends on persuading general dentists as well as orthodontists to prescribe it, which is why so much spend goes to practitioner training and consumer marketing. Intraoral scanners were added to control the digital step that feeds tray manufacturing. Case volume tracks discretionary consumer spending more closely than most medical devices. Headquarters are in Tempe, Arizona.
Sources: sec.gov · en.wikipedia.org
Equity comp at Align Technology
- Align Technology's named-executive change-in-control agreements use a hybrid structure rather than a pure double-trigger. Upon a change of control alone, executives immediately vest an additional 12 months of service credit on outstanding RSUs and options (a partial single-trigger element). Full acceleration of all remaining unvested equity requires a second trigger: termination without cause or resignation for good reason within 12 months following the change of control. This pattern appears consistently across Align's DEF 14A proxy filings from 2012 through 2024.
- RSUs use double-trigger vesting. Two things must both happen before the shares are yours: (1) the normal time-based vesting completes, and (2) the company has a liquidity event (an IPO or an acquisition). Until both happen, you do not yet own the shares and you do not owe tax on them.
Sources: sec.gov · sec.gov · sec.gov
Researched 2026-08-20.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Align Technology.
A protective put caps your downside on the ALGN position at a chosen floor; a zero-cost collar pays for that floor by capping the upside. This calculator prices both structures off the current ALGN option chain, with annual cost, max loss, and tax-treatment notes.
Example: a 5,000-share ALGN position at $143.74 is worth $718,700. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $14,374 to $28,748) before any premium offset from a short call. The calculator prices both structures off ALGN's current option chain so you see the actual cost for your chosen floor, tenor, and cap.
All Align Technology tools → · Use the generic Protect Your Stock Calculator for any company.
Align Technology equity questions
- How much does it cost to hedge ALGN stock?
- The cost of a protective put depends on how far below the current price you set the floor, how long the protection lasts, and ALGN's option-implied volatility. A zero-cost collar lowers that cost by selling away some upside. The calculator above prices both structures off the current ALGN option chain and shows the annual cost, maximum loss, and tax treatment.
- Does Align Technology grant ISOs, NSOs, or RSUs?
- Equity compensation at Align Technology typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
- Do Align Technology RSUs use double-trigger vesting?
- Yes. Align Technology restricted stock units (RSUs) vest only when two things both happen: the time-based schedule completes, and the company has a liquidity event such as an initial public offering (IPO) or an acquisition. Until both occur you do not own the shares and owe no tax on them.
Find another companyMedical Devices peers
- Intuitive Surgical (ISRG)PublicOpen →
- Stryker (SYK)PublicOpen →
- Medtronic (MDT)PublicOpen →
- Boston Scientific (BSX)PublicOpen →
- Becton Dickinson (BDX)PublicOpen →
- Abbott (ABT)PublicOpen →
- Edwards Lifesciences (EW)PublicOpen →
- ResMed (RMD)PublicOpen →
- Baxter International (BAX)PublicOpen →
- The Cooper Companies (COO)PublicOpen →
One piece of the puzzle.
OptionsAhoy plans your Align Technology equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.