SailPoint (SAIL) Protective Put Calculator
Calculator · free · no signup · SAILPrice a protective put or zero-cost collar on SailPoint. Annual cost, max loss, upside cap, tax treatment, auto-filled from current SAIL option chain.
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SailPoint (SAIL) is a public Cybersecurity company, incorporated in Delaware and headquartered in Austin, TX. IPO'd Feb 13, 2025.
Last close: $14.21 per share (as of 2026-06-16).
Identity security; PE relisting.
Equity grants at SailPoint typically include incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs).
Identity governance software, which controls who at an enterprise can access which systems and data, is SailPoint's core product since Mark McClain and Kevin Cunningham founded the company in Austin, Texas in 2005. SailPoint listed on Nasdaq in 2017, was taken private by Thoma Bravo in a $6.9 billion buyout in 2022, and returned to Nasdaq as SAIL in February 2025, raising $1.38 billion at $23 per share. Annual recurring revenue crossed $875 million at IPO and reached $1.35 billion by early 2026, growing roughly 30% year-over-year.
Sources: bloomberg.com · investor.sailpoint.com
Equity comp at SailPoint
- 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 SailPoint.
A protective put caps your downside on the SAIL 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 SAIL option chain, with annual cost, max loss, and tax-treatment notes.
Example: a 5,000-share SAIL position at $14.21 is worth $71,050. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $1,421 to $2,842) before any premium offset from a short call. The calculator prices both structures off SAIL's current option chain so you see the actual cost for your chosen floor, tenor, and cap.
All SailPoint tools → · Use the generic Protect Your Stock Calculator for any company.
SailPoint equity questions
- How much does it cost to hedge SAIL 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 SAIL'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 SAIL option chain and shows the annual cost, maximum loss, and tax treatment.
- Does SailPoint grant ISOs, NSOs, or RSUs?
- Equity compensation at SailPoint 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 SailPoint IPO lockup expire?
- SailPoint (SAIL) went public on February 13, 2025. The standard post-IPO lockup runs 180 days, so employee and insider shares generally became sellable around August 12, 2025. Confirm against your own grant paperwork, since some lockups release early or in stages.
- Do SailPoint RSUs use double-trigger vesting?
- No. SailPoint 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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