Constellation Brands (STZ) Protective Put Calculator

Calculator · free · no signup · STZ

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

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About Constellation Brands

Constellation Brands (STZ) is a public Consumer Staples company, incorporated in Delaware and headquartered in Rochester, NY.

Last close: $131 per share (as of 2026-08-18).

Equity grants at Constellation Brands typically include restricted stock units (RSUs).

Constellation Brands, Inc. is an American producer and marketer of beer, wine, and spirits. A Fortune 500 company, Constellation is the largest beer import company in the US, measured by sales, and has the third-largest market share of all major beer suppliers. It also has sizable investments in medical and recreational cannabis through its association with Canopy Growth. Based in Rochester, New York, Constellation has about 40 facilities and approximately 9,000 employees.

Source: Wikipedia (CC BY-SA 4.0)

The company grew from a New York wine operation founded in 1945 into the American rights holder for Corona and Modelo, which it acquired outright from a 2013 antitrust settlement. Those Mexican beer brands supply most of the profit and have taken share consistently. Wine and spirits have been pruned through divestiture to focus capital on beer. A large investment in cannabis producer Canopy Growth was written down substantially. Headquarters are in Rochester, New York.

Sources: sec.gov · en.wikipedia.org

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

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

Example: a 5,000-share STZ position at $131 is worth $655,000. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $13,100 to $26,200) before any premium offset from a short call. The calculator prices both structures off STZ's current option chain so you see the actual cost for your chosen floor, tenor, and cap.

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

Constellation Brands equity questions

How much does it cost to hedge STZ 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 STZ'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 STZ option chain and shows the annual cost, maximum loss, and tax treatment.
Does Constellation Brands grant ISOs, NSOs, or RSUs?
Equity compensation at Constellation Brands typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
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