Zoetis (ZTS) Protective Put Calculator
Calculator · free · no signup · ZTSPrice a protective put, zero-cost collar, or put spread on Zoetis. Annual cost, max loss, upside cap, tax treatment, auto-filled from current ZTS 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.
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About Zoetis
Zoetis (ZTS) is a public Pharma/Biotech company, headquartered in Parsippany, NJ.
Last close: $73.96 per share (as of 2026-08-18).
Equity grants at Zoetis typically include restricted stock units (RSUs).
Zoetis Inc. (/zō-EH-tis/) is an American drug company, the world's largest producer of medicine and vaccinations for pets and livestock. The company was a subsidiary of Pfizer, the world's largest drug maker, but with Pfizer's spinoff of its 83% interest in the firm it is now a completely independent company. The company directly markets its products in approximately 45 countries, and sells them in more than 100 countries. Operations outside the United States accounted for 50% of the total revenue. Contemporaneous with the spinoff in June 2013 S&P Dow Jones Indices announced that Zoetis would replace First Horizon National Corporation in the S&P 500 stock market index.
Source: Wikipedia (CC BY-SA 4.0)
Pfizer separated its animal-health division in 2013, creating the largest company dedicated to medicines and vaccines for pets and livestock. The two halves behave differently: companion-animal products are bought by owners treating pets as family and support premium pricing, while livestock products are an input cost farmers optimize. Veterinary approvals are cheaper and faster than human drug approvals, which changes the economics of developing a product. Dermatology and pain treatments for dogs have been the growth franchise. Headquarters are in Parsippany, New Jersey.
Sources: sec.gov · en.wikipedia.org
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Zoetis.
A protective put caps your downside on the ZTS 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 ZTS option chain, with annual cost, max loss, and tax-treatment notes.
Example: a 5,000-share ZTS position at $73.96 is worth $369,800. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $7,396 to $14,792) before any premium offset from a short call. The calculator prices both structures off ZTS's current option chain so you see the actual cost for your chosen floor, tenor, and cap.
All Zoetis tools → · Use the generic Protect Your Stock Calculator for any company.
Zoetis equity questions
- How much does it cost to hedge ZTS 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 ZTS'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 ZTS option chain and shows the annual cost, maximum loss, and tax treatment.
- Does Zoetis grant ISOs, NSOs, or RSUs?
- Equity compensation at Zoetis typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
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