Citizens Financial Group (CFG) Protective Put Calculator
Calculator · free · no signup · CFGPrice a protective put, zero-cost collar, or put spread on Citizens Financial Group. Annual cost, max loss, upside cap, tax treatment, auto-filled from current CFG 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 Citizens Financial Group
Citizens Financial Group (CFG) is a public Fintech company, incorporated in Delaware and headquartered in Providence, RI.
Last close: $73.46 per share (as of 2026-08-18).
Equity grants at Citizens Financial Group typically include restricted stock units (RSUs).
Citizens Financial Group, Inc. is an American bank holding company, headquartered in Providence, Rhode Island. The company owns the bank Citizens Bank, N.A., which operates in the U.S. states of Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, and Virginia, as well as Washington, DC.
Source: Wikipedia (CC BY-SA 4.0)
Royal Bank of Scotland sold the bank through a 2014 public offering, leaving a regional franchise concentrated in New England, the Mid-Atlantic, and the Midwest. Regional banking economics come down to deposit cost and credit quality: cheap sticky deposits funding loans that get repaid. The purchase of Investors Bancorp added density in the New York metropolitan area. Commercial real estate exposure is the credit question investors examine most closely. Headquarters are in Providence, Rhode Island.
Sources: sec.gov · en.wikipedia.org
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Citizens Financial Group.
A protective put caps your downside on the CFG 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 CFG option chain, with annual cost, max loss, and tax-treatment notes.
Example: a 5,000-share CFG position at $73.46 is worth $367,300. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $7,346 to $14,692) before any premium offset from a short call. The calculator prices both structures off CFG's current option chain so you see the actual cost for your chosen floor, tenor, and cap.
All Citizens Financial Group tools → · Use the generic Protect Your Stock Calculator for any company.
Citizens Financial Group equity questions
- How much does it cost to hedge CFG 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 CFG'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 CFG option chain and shows the annual cost, maximum loss, and tax treatment.
- Does Citizens Financial Group grant ISOs, NSOs, or RSUs?
- Equity compensation at Citizens Financial Group typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
Find another companyFintech peers
One piece of the puzzle.
OptionsAhoy plans your Citizens Financial Group equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.