Asana (ASAN) Protective Put Calculator

Calculator · free · no signup · ASAN

Price a protective put or zero-cost collar on Asana. Annual cost, max loss, upside cap, tax treatment, auto-filled from current ASAN option chain.

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About Asana

Asana (ASAN) is a public Cloud/SaaS company, incorporated in Delaware and headquartered in San Francisco, CA. IPO'd Sep 30, 2020.

Last close: $7.37 per share (as of 2026-06-16).

Equity grants at Asana typically include incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs).

Asana, Inc. is an American software company based in San Francisco whose flagship Asana service is a web and mobile "work management" platform designed to help teams organize, track, and manage their work. Asana, Inc. was founded in 2008 by Dustin Moskovitz and Justin Rosenstein. The product launched commercially in April 2012. In September 2020, the company was valued at $5.5 billion following its direct listing.

Source: Wikipedia (CC BY-SA 4.0)

Dustin Moskovitz (a Facebook co-founder) and Justin Rosenstein started Asana in 2008 after leaving Facebook, building a San Francisco-based work management platform that lets teams track projects, tasks, dependencies, and goals in shared workspaces. The company went public via NYSE direct listing on September 30, 2020 under ticker ASAN at a roughly $5.5 billion fully diluted valuation. For fiscal 2026, Asana reported $790.8 million in revenue (up 9% year over year), 25,928 Core customers spending $5,000 or more annually, and 817 customers spending $100,000 or more annually.

Sources: en.wikipedia.org · bloomberg.com · investors.asana.com

Equity comp at Asana

  • RSUs use single-trigger vesting: shares become yours as each portion vests on schedule, and the value is taxed as ordinary income at that point. No IPO or acquisition is required.

Researched 2026-05-07.

OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Asana.

A protective put caps your downside on the ASAN 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 ASAN option chain, with annual cost, max loss, and tax-treatment notes.

Example: a 5,000-share ASAN position at $7.37 is worth $36,850. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $737 to $1,474) before any premium offset from a short call. The calculator prices both structures off ASAN's current option chain so you see the actual cost for your chosen floor, tenor, and cap.

All Asana tools → · Use the generic Protect Your Stock Calculator for any company.

Asana equity questions

How much does it cost to hedge ASAN 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 ASAN'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 ASAN option chain and shows the annual cost, maximum loss, and tax treatment.
Does Asana grant ISOs, NSOs, or RSUs?
Equity compensation at Asana typically takes the form of incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs). Incentive stock options can trigger the alternative minimum tax (AMT) when you exercise. Restricted stock units are taxed as ordinary income when they vest.
Do Asana RSUs use double-trigger vesting?
No. Asana restricted stock units (RSUs) use single-trigger vesting: each tranche becomes yours as it vests on schedule, taxed as ordinary income at that point, with no liquidity event required.
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