Tenable (TENB) Protective Put Calculator
Calculator · free · no signup · TENBPrice a protective put, zero-cost collar, or put spread on Tenable. Annual cost, max loss, upside cap, tax treatment, auto-filled from current TENB option chain.
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About Tenable
Tenable (TENB) is a public Cybersecurity company, incorporated in Delaware and headquartered in Columbia, MD.
Equity grants at Tenable typically include restricted stock units (RSUs).
Tenable Holdings, Inc. is a cybersecurity company based in Columbia, Maryland. Its vulnerability scanner software Nessus, developed in 1998, is one of the most widely deployed vulnerability assessment solutions in the cybersecurity industry. As of December 31, 2023, the company had approximately 44,000 customers, including 65% of the Fortune 500.
Source: Wikipedia (CC BY-SA 4.0)
Ron Gula, Jack Huffard, and Renaud Deraison founded the company in 2002 around Nessus, the vulnerability scanner Deraison had written as an open source project in 1998 and which remains among the most widely deployed security tools anywhere. Tenable.io and Tenable One extended it into exposure management: cloud misconfiguration, identity risk, and operational technology alongside traditional scanning. The Columbia, Maryland company sells to enterprises and governments, and competes directly with Qualys and Rapid7 in a market defined by breadth of asset coverage.
Sources: tenable.com · en.wikipedia.org
Equity comp at Tenable
- 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 2026-08-17.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Tenable.
A protective put caps your downside on the TENB 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 TENB option chain, with annual cost, max loss, and tax-treatment notes.
All Tenable tools → · Use the generic Protect Your Stock Calculator for any company.
Tenable equity questions
- How much does it cost to hedge TENB 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 TENB'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 TENB option chain and shows the annual cost, maximum loss, and tax treatment.
- Does Tenable grant ISOs, NSOs, or RSUs?
- Equity compensation at Tenable typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
- Do Tenable RSUs use double-trigger vesting?
- No. Tenable 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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