Toast (TOST) Protective Put Calculator
Calculator · free · no signup · TOSTPrice a protective put or zero-cost collar on Toast. Annual cost, max loss, upside cap, tax treatment, auto-filled from current TOST 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 Toast
Toast (TOST) is a public Vertical SaaS company, headquartered in Boston, MA. IPO'd Sep 21, 2021.
Last close: $25.07 per share (as of 2026-06-16).
Equity grants at Toast typically include incentive stock options (ISOs), non-qualified stock options (NSOs), and restricted stock units (RSUs).
Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.
Source: Wikipedia (CC BY-SA 4.0)
Steve Fredette, Aman Narang, and Jonathan Grimm founded Toast in Boston in December 2011 to replace the legacy, Windows-based point-of-sale systems used by restaurants with a cloud-native Android platform built around the restaurant workflow. Toast handles tableside ordering, kitchen display, online ordering, payroll, and scheduling through a single subscriber platform, charging processing fees on card payments. The company serves over 112,000 restaurant locations in North America and processed more than $140 billion in gross payment volume in 2024. Toast IPO'd on NYSE as TOST in September 2021.
Sources: en.wikipedia.org · alphaspread.com
Equity comp at Toast
- 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 Toast.
A protective put caps your downside on the TOST 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 TOST option chain, with annual cost, max loss, and tax-treatment notes.
Example: a 5,000-share TOST position at $25.07 is worth $125,350. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $2,507 to $5,014) before any premium offset from a short call. The calculator prices both structures off TOST's current option chain so you see the actual cost for your chosen floor, tenor, and cap.
All Toast tools → · Use the generic Protect Your Stock Calculator for any company.
Toast equity questions
- How much does it cost to hedge TOST 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 TOST'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 TOST option chain and shows the annual cost, maximum loss, and tax treatment.
- Does Toast grant ISOs, NSOs, or RSUs?
- Equity compensation at Toast 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.
- Do Toast RSUs use double-trigger vesting?
- No. Toast 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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OptionsAhoy plans your Toast equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.