Cadence (CDNS) Protective Put Calculator
Calculator · free · no signup · CDNSPrice a protective put, zero-cost collar, or put spread on Cadence. Annual cost, max loss, upside cap, tax treatment, auto-filled from current CDNS option chain.
Beta · invite-only · AlphaLatitude Inc. · Free Tools
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 Cadence
Cadence (CDNS) is a public Dev Tools company, incorporated in Delaware and headquartered in San Jose, CA.
Equity grants at Cadence typically include restricted stock units (RSUs).
Cadence Design Systems, Inc. is an American multinational technology and computational software company headquartered in San Jose, California. Initially specialized in electronic design automation (EDA) software for the semiconductor industry, currently the company makes software and hardware for designing products such as integrated circuits, systems on chips (SoCs), printed circuit boards, as well as develops large-scale molecular modelling applications and toolkits for pharmaceutical drug developers. The company also licenses intellectual property for the electronics, aerospace, defense and automotive industries.
Source: Wikipedia (CC BY-SA 4.0)
Formed in 1988 by merging SDA Systems and ECAD, the San Jose company sits with Synopsys in the design automation duopoly. Its tools cover custom analog layout through digital implementation and verification, with Virtuoso the long-running standard for analog and Palladium emulation hardware handling the largest verification jobs. Adjacent expansion took it into system analysis, computational fluid dynamics, and molecular design for pharmaceuticals. Contracts are largely multi-year and ratable, so reported revenue lags bookings, and customer concentration follows the same short list of chipmakers everyone else in the ecosystem serves.
Sources: cadence.com · en.wikipedia.org
Equity comp at Cadence
- 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 Cadence.
A protective put caps your downside on the CDNS 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 CDNS option chain, with annual cost, max loss, and tax-treatment notes.
All Cadence tools → · Use the generic Protect Your Stock Calculator for any company.
Cadence equity questions
- How much does it cost to hedge CDNS 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 CDNS'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 CDNS option chain and shows the annual cost, maximum loss, and tax treatment.
- Does Cadence grant ISOs, NSOs, or RSUs?
- Equity compensation at Cadence typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
- Do Cadence RSUs use double-trigger vesting?
- No. Cadence 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.
One piece of the puzzle.
OptionsAhoy plans your Cadence equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.