RiverNorth Short Prime Unicorn Fund I, Inc Protective Put Calculator
Calculator · free · no signup · pre-IPOPrice a protective put, zero-cost collar, or put spread on RiverNorth Short Prime Unicorn Fund I, Inc. Annual cost, max loss, upside cap, tax treatment, auto-filled from current ticker 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 RiverNorth Short Prime Unicorn Fund I, Inc
RiverNorth Short Prime Unicorn Fund I, Inc is a public Other company, incorporated in Maryland and headquartered in West Palm Beach, FL. IPO'd Jun 8, 2026.
Equity grants at RiverNorth Short Prime Unicorn Fund I, Inc typically include incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs).
RiverNorth Short Prime Unicorn Fund I, Inc. is a non-diversified, closed-end fund listed on the NYSE under the ticker UNID, managed by RiverNorth Capital Management, LLC (West Palm Beach, founded 2000, approximately $5.1 billion in assets under management). The fund uses swap agreements to return the inverse (-100%) of its companion Long Fund's exposure to the Prime Unicorn 30 Index, a rules-based benchmark tracking the 30 largest U.S. venture-backed private companies by valuation. It is structured as a term-limited vehicle set to terminate 366 days after its June 2026 prospectus date, functioning as a hedge against concentrated exposure to late-stage private-market valuations.
Equity comp at RiverNorth Short Prime Unicorn Fund I, Inc
- RiverNorth Short Prime Unicorn Fund I, Inc. is a closed-end management investment company, not a technology operating company. It does not grant RSUs or equity compensation to employees. The fund uses swap agreements to deliver the inverse (-100%) of the returns of the companion Long Fund's exposure to the Prime Unicorn 30 Index, making it primarily a hedging instrument against long exposure to late-stage private-market valuations. It is a term-limited vehicle scheduled to terminate roughly 24 months after its prospectus date.
Sources: sec.gov
Researched 2026-06-10.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by RiverNorth Short Prime Unicorn Fund I, Inc.
A protective put caps your downside on the undefined 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 undefined option chain, with annual cost, max loss, and tax-treatment notes.
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RiverNorth Short Prime Unicorn Fund I, Inc equity questions
- How much does it cost to hedge RiverNorth Short Prime Unicorn Fund I, Inc 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 RiverNorth Short Prime Unicorn Fund I, Inc'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 RiverNorth Short Prime Unicorn Fund I, Inc option chain and shows the annual cost, maximum loss, and tax treatment.
- Does RiverNorth Short Prime Unicorn Fund I, Inc grant ISOs, NSOs, or RSUs?
- Equity compensation at RiverNorth Short Prime Unicorn Fund I, Inc typically takes the form of incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs). Incentive stock options can trigger the alternative minimum tax (AMT) when you exercise. Restricted stock units are taxed as ordinary income when they vest.
- When did the RiverNorth Short Prime Unicorn Fund I, Inc IPO lockup expire?
- RiverNorth Short Prime Unicorn Fund I, Inc went public on June 8, 2026. The standard post-IPO lockup runs 180 days, so employee and insider shares generally became sellable around December 5, 2026. Confirm against your own grant paperwork, since some lockups release early or in stages.
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OptionsAhoy plans your RiverNorth Short Prime Unicorn Fund I, Inc equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.