Block (XYZ) Protective Put Calculator
Calculator · free · no signup · XYZPrice a protective put or zero-cost collar on Block. Annual cost, max loss, upside cap, tax treatment, auto-filled from current XYZ 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.
Request beta access →About Block
Block (XYZ) is a public Fintech company, incorporated in Delaware and headquartered in Oakland, CA. IPO'd Nov 19, 2015.
Last close: $74.68 per share (as of 2026-06-16).
Equity grants at Block typically include restricted stock units (RSUs).
Block, Inc. is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually.
Source: Wikipedia (CC BY-SA 4.0)
Square started with a small white card reader that plugged into a smartphone headphone jack, letting any merchant accept credit cards with just an iPhone and a free app. Jack Dorsey and Jim McKelvey founded the company in San Francisco in 2009 after McKelvey lost a $2,000 faucet sale because he couldn't accept American Express. Square grew from hardware into cloud-based POS software, payroll, and lending for small businesses, while Cash App became a leading peer-to-peer payment and bitcoin wallet for consumers. The company rebranded to Block in December 2021 and acquired buy-now-pay-later provider Afterpay for $29 billion in January 2022. Block reported $24.1 billion in revenue in 2024.
Sources: en.wikipedia.org · cnbc.com
Equity comp at Block
- 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 Block.
A protective put caps your downside on the XYZ 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 XYZ option chain, with annual cost, max loss, and tax-treatment notes.
Example: a 5,000-share XYZ position at $74.68 is worth $373,400. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $7,468 to $14,936) before any premium offset from a short call. The calculator prices both structures off XYZ's current option chain so you see the actual cost for your chosen floor, tenor, and cap.
All Block tools → · Use the generic Protect Your Stock Calculator for any company.
Block equity questions
- How much does it cost to hedge XYZ 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 XYZ'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 XYZ option chain and shows the annual cost, maximum loss, and tax treatment.
- Does Block grant ISOs, NSOs, or RSUs?
- Equity compensation at Block typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
- Do Block RSUs use double-trigger vesting?
- No. Block 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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