Steris (STE) Protective Put Calculator

Calculator · free · no signup · STE

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

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About Steris

Steris (STE) is a public Medical Device company, incorporated in Ireland and headquartered in Dublin, Ireland.

Last close: $232.39 per share (as of 2026-08-18).

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

Steris plc is an American-Irish-based medical equipment company specializing in sterilization and surgical products for the US healthcare system. Steris is operationally headquartered in Mentor, Ohio, and has been legally registered in Dublin, Ireland, for tax purposes since 2018. Previously the company was registered in the United Kingdom from 2014 to 2018.

Source: Wikipedia (CC BY-SA 4.0)

The company sells the sterilization and infection-prevention systems hospitals depend on, together with the services and consumables that keep them running, and it operates contract sterilization facilities for medical-device manufacturers. Regulatory requirements make sterilization non-discretionary, which insulates demand from hospital budget pressure better than most equipment categories. Outsourced sterilization is constrained by facility permitting, particularly around ethylene oxide emissions. Service contracts on installed equipment provide the recurring layer. The company is incorporated in Ireland, with operations run from Mentor, Ohio.

Sources: sec.gov · en.wikipedia.org

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

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

Example: a 5,000-share STE position at $232.39 is worth $1,161,950. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $23,239 to $46,478) before any premium offset from a short call. The calculator prices both structures off STE's current option chain so you see the actual cost for your chosen floor, tenor, and cap.

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

Steris equity questions

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