Portfolio Armor Screenshots

Description

Portfolio Armor helps you hedge your stocks and ETFs by showing you the optimal put options to give you the precise level of protection you want at the lowest cost.

How it works:

You enter your stock or ETF position, and the maximum downside risk you are willing to accept for it (your "threshold"). Portfolio Armor then uses its proprietary algorithm to instantly scan and analyze all of the available put option contracts for the stock or ETF, searching for the optimal put option contracts to most economically hedge the position.

About Portfolio Armors proprietary algorithm:

Portfolio Armors algorithm was developed by a finance Ph.D. It is model-independent and does not rely on any parametric assumptions, so there is no chance of model error. In some cases, the cost of protection may be higher than the loss you are looking to prevent. In those cases, Portfolio Armor will inform you that no optimal options are available.

Praise for Portfolio Armor:

"For a stock or ETF investor who wants to buy insurance against a loss greater than a set percentage, this clever program scans the matrix of striking prices and expirations to identify the most economical put option to accomplish the task. Choosing from the many alternatives can be a complicated task; this program makes it quick and easy."

-- Dr. Robert A. Strong, CFA, Professor of Finance, University of Maine

"Portfolio Armor is exactly what I need to give me some confidence that Im buying the right puts. (Its real money after all) Its so hard for a beginner like me to feel like I have all the numbers right."

-- Richard Carver, private investor

"I love that you invented a friendly tool that an options novice can use! Also, I love that your calculations are kept in the background (with no visible Greeks, break-even graphs, or lingo, and minimal, simple customer input)!"

-- Tom Patane, private Investor

What's New in Version 1.08

Bug fixes

Customer Reviews

Great App - Does exactly what it is suppose to do - Huge Time Saver! (5 stars)
This application is a huge time saver - you could spend hours sifting through puts of various strike prices and time frames looking for the best hedge. Or you can input a couple of numbers and let this application tell you what is available. The fact that it cost 12% to hedge a 20% draw down for 6 months should tell you something about the volitility of what you are investing in. Don't blame the app for not reducing the cost of puts! The

Very simple app (4 stars)
Enter the symbol, the share count, and the level of protection in percent drawdown or absolute lowest price, get the kind and count of puts to buy. It provides the best buy for odd lots as well as rounds, unless it cannot.

Unfortunately, finding optimal puts for tight protection (10% or lower drawdown) seems almost impossible, even with the VIX at 17 as I write this. Also, optimal puts seem to be rather too close in time for comfort

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