Blackstone (BX) Protective Put Calculator
Calculator · free · no signup · BXPrice a protective put, zero-cost collar, or put spread on Blackstone. Annual cost, max loss, upside cap, tax treatment, auto-filled from current BX option chain.
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You priced one hedge. The beta picks the right hedge structure given your full equity stack and tax situation.
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About Blackstone
Blackstone (BX) is a public Fintech company, incorporated in Delaware and headquartered in New York, NY.
Equity grants at Blackstone typically include restricted stock units (RSUs).
Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of September 2025, Blackstone had $1.2 trillion in total assets under management, making it the world's largest alternative investment firm.
Source: Wikipedia (CC BY-SA 4.0)
Peter Peterson and Stephen Schwarzman founded the firm in 1985 with $400,000, starting in advisory before raising its first buyout fund. It is now the largest alternative asset manager, with real estate the biggest segment, alongside private equity, credit, and hedge fund solutions. The 2007 listing was among the first for a private equity firm, and the 2019 conversion from partnership to corporation broadened its investor base. Fee-related earnings from permanent capital vehicles have become the emphasis. Headquarters are in New York City.
Sources: blackstone.com · en.wikipedia.org
Equity comp at Blackstone
- 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 2026-08-17.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Blackstone.
A protective put caps your downside on the BX 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 BX option chain, with annual cost, max loss, and tax-treatment notes.
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Blackstone equity questions
- How much does it cost to hedge BX 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 BX'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 BX option chain and shows the annual cost, maximum loss, and tax treatment.
- Does Blackstone grant ISOs, NSOs, or RSUs?
- Equity compensation at Blackstone typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
- Do Blackstone RSUs use double-trigger vesting?
- No. Blackstone 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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