married-put-strategy

A married put pairs a long stock position with a protective put option at a fixed strike price to cap downside losses while preserving upside gains. You specify the stock position size, put strike, and premium to calculate breakeven price, maximum loss, protection percentage, and P&L across market scenarios.

In-the-money (ITM) puts offer immediate protection but cost more; at-the-money (ATM) puts balance cost and protection; out-of-the-money (OTM) puts cost less but leave some downside unprotected. Strike comparison analysis reveals total cost, breakeven adjustments, and protection levels for each approach.

Breakeven equals your stock purchase price plus the put premium paid. Maximum loss is capped at (strike price minus stock price) plus premium, protecting against catastrophic declines. The Skill computes these values and generates P&L tables across price scenarios.

Yes. Expiration analysis evaluates 30, 60, and 90-day put hedges side by side, showing how time decay and changing market conditions affect total protection cost, breakeven, and P&L outcomes for each cycle.

You need stock price, number of shares, put strike price, put premium, and your entry price. The Skill uses numpy and pandas to process this data and matplotlib to visualize P&L tables, strike comparisons, and protection scenarios across market conditions.

Yes. The position-sizer module scales the analysis to any share quantity, recalculating breakeven, max loss, total hedge cost, and protection percentage proportionally for institutional or retail holdings.