Protect the gain, retain upside.
APPRECIATED STOCK · OPTIONS COLLARS
A tailored hedge on an appreciated single-stock position — downside protection where you want it, continued participation in further appreciation, and the flexibility to diversify on your timeline, without triggering the gain.
Your investment goals, our expertise
CONCENTRATED STOCK SOLUTIONS
- Risk & diversification: Adjust your exposure to a single position, diversify around it, and keep an orderly exit available.
- Tax optimization: Delay and mitigate tax impacts through disciplined gain/loss realization tailored to your bracket.
- Liquidity: Multiple cashless hedging strategies and low-cost, tax-deductible borrowing options available to qualified clients.
Go deeper
- The explainer — Hedge101.com: Why hedge appreciated stock with an options collar? The plain-English walk-through — protection, participation, and the tax mechanics.
- The visualizer — Stock Hedging Visualizer: Model a $0-premium collar on your position: Monte Carlo paths, collar pricing, borrowing capacity, and skew.
Need liquidity instead of protection (or alongside it)? See portfolio borrowing at rates near Treasury yields.