{"id":9613,"date":"2023-05-04T19:58:05","date_gmt":"2023-05-04T11:58:05","guid":{"rendered":"https:\/\/slashtraders.com\/?p=9613"},"modified":"2025-09-29T17:48:31","modified_gmt":"2025-09-29T09:48:31","slug":"married-put","status":"publish","type":"post","link":"https:\/\/slashtraders.com\/en\/blog\/married-put\/","title":{"rendered":"Why Married Put Is a Powerful Tool for Protecting Your Portfolio"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Do you worry about falling stock prices when you invest in stocks?<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Do you wish for <a href=\"https:\/\/slashtraders.com\/en\/blog\/zero-cost-collar\/\" target=\"_blank\" rel=\"noreferrer noopener\">ways to protect your investment from falling prices<\/a>?<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">We explain what a Married Put is, and how it provides a simple protection to your stock value with a <a href=\"https:\/\/slashtraders.com\/en\/blog\/beginner-options-trading-strategies\/\" target=\"_blank\" rel=\"noreferrer noopener\">simple Put contract<\/a>. We also show you a list of the best Married Put opportunities to invest in right now, so you can feel more comfortable with long-term stock investments.<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<span class=\"HgVXALhE651CAWVGS2ZI8lsD4rrOHEJJvCqPMpF1swmeQPUoTbGnbRviStwt089dy\"><iframe title=\"Learn Married Put To Protect Stocks From The Downside\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/vwu8T5S58c4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/span>\n<\/div><\/figure>\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Is a Married Put?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">A Married Put is the combination of buying stocks and a long Put contract to <a href=\"https:\/\/slashtraders.com\/en\/blog\/delta-hedging-strategy\/\" target=\"_blank\" rel=\"noreferrer noopener\">hedge the stock value against falling stock prices<\/a>. If the market crashes, the Put owner can sell stocks with minimal losses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let's use GOOGL as an example. By purchasing 100 stocks of GOOGL, we profit from a rise in stock prices, and lose when the price falls.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/100-stocks-and-long-put.png\" alt=\"100 stocks and long put\" class=\"wp-image-9616\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/100-stocks-and-long-put.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/100-stocks-and-long-put-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/100-stocks-and-long-put-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/100-stocks-and-long-put-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/100-stocks-and-long-put-18x10.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Profit analysis of buying stocks and a Put.<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">To protect our positions against downtrends, we can buy an ATM Put option to hedge. The long Put works as an insurance we buy against falling prices, where the contract becomes <a href=\"https:\/\/slashtraders.com\/en\/blog\/swing-trading-strategies\/\" target=\"_blank\" rel=\"noreferrer noopener\">more valuable when the stock price goes down<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The combination of 100 stocks and a long Put is a Married Put.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-strategy.png\" alt=\"married put strategy\" class=\"wp-image-9618\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-strategy.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-strategy-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-strategy-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-strategy-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-strategy-18x10.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Married Put can limit losses when the stock price drops.<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The trade is profitable when the stock price goes up. The trade only loses the premium of the Put option and the small price differences between the stock purchase and the Put strike.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why Trade a Married Put?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A Married Put is a bullish strategy:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Unlimited profit when the stock price goes up.<\/li>\n\n\n\n<li>The Protective Put lets us sell 100 stocks at the strike price to limit our maximum losses.<\/li>\n\n\n\n<li class=\"translation-block\">The stock component of the Married Put can <a href=\"https:\/\/slashtraders.com\/en\/blog\/undervalued-dividend-aristocrats\/\" target=\"_blank\" rel=\"noreferrer noopener\">earn dividends<\/a> for passive income.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Downsides of a Married Put<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Married Put strategy comes with a few disadvantages:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"translation-block\">It costs a premium to buy a Put, where the <a href=\"https:\/\/slashtraders.com\/en\/blog\/options-value\/\" target=\"_blank\" rel=\"noreferrer noopener\">cost is higher when the strike price is closer to the market price<\/a>.<\/li>\n\n\n\n<li class=\"translation-block\">The <a href=\"https:\/\/slashtraders.com\/en\/blog\/option-greeks\/\" target=\"_blank\" rel=\"noreferrer noopener\">price of an option also depends on the time to expiration<\/a>. The longer we want to protect the stocks with a Put contract, the more expensive the premium.<\/li>\n\n\n\n<li>The Married Put trade is more complex than a simple stock purchase. We need to purchase a new Put option when the existing contract expires or when the market price changes.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">What Is the Difference Between a Married Put and a Long Call?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The profit analysis of a Married Put looks similar to a long Call, where the loss is limited when the stock price drops, and there is unlimited profit when the price rises.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-vs-long-call.png\" alt=\"married put vs long call\" class=\"wp-image-9621\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-vs-long-call.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-vs-long-call-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-vs-long-call-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-vs-long-call-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-vs-long-call-18x10.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">The profit analysis of a Married Put is similar to a long Call.<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">But the two strategies have a few differences:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Unlike a long Call, we hold stocks for a Married Put trade, which can earn dividends.<\/li>\n\n\n\n<li>The long Call has higher leverage, leading to higher returns than the Married Put.<\/li>\n<\/ul>\n\n\n\n<table id=\"tablepress-49\" class=\"tablepress tablepress-id-49\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Strategies<\/th><th class=\"column-2\">Cost of trade<\/th><th class=\"column-3\">Maximum loss<\/th><th class=\"column-4\">Profits at $150<\/th><th class=\"column-5\">Return on capital<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Married Put<\/td><td class=\"column-2\">$10,977<\/td><td class=\"column-3\">$477<\/td><td class=\"column-4\">$4,023<\/td><td class=\"column-5\">36.6%<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Buy Call<\/td><td class=\"column-2\">$540<\/td><td class=\"column-3\">$540<\/td><td class=\"column-4\">$3,960<\/td><td class=\"column-5\">733%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n<h2 class=\"wp-block-heading\">How to Find Stocks to Trade Married Puts<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Married Puts are great for buying and holding dividend-earning stocks. So we can use the <a href=\"https:\/\/slashtraders.com\/en\/tools\/dividend-stock-screener\/\" target=\"_blank\" rel=\"noreferrer noopener\">Dividend Screener<\/a> to find high-yield blue-chip stocks to invest in. The filter settings are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Upside &gt;10% for undervalued stocks.<\/li>\n\n\n\n<li>Dividend Yield &gt;10% to find high-yield opportunities.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"239\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-filter-settings.png\" alt=\"married put filter settings\" class=\"wp-image-9635\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-filter-settings.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-filter-settings-300x70.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-filter-settings-1024x239.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-filter-settings-768x179.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/married-put-filter-settings-18x4.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Filter settings for undervalued dividend stocks.<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><a href=\"https:\/\/slashtraders.com\/en\/pricing\/?utm_source=blog&amp;utm_medium=banner\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"126\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/blog-trial-banner.png\" alt=\"blog trial banner\" class=\"wp-image-9717\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/blog-trial-banner.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/blog-trial-banner-300x37.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/blog-trial-banner-1024x126.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/blog-trial-banner-768x95.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/05\/blog-trial-banner-18x2.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Best Married Put Opportunities Right Now<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Here we have a list of <a href=\"https:\/\/slashtraders.com\/en\/blog\/best-blue-chip-stocks-dividends\/\" target=\"_blank\" rel=\"noreferrer noopener\">value stocks with high dividend yields<\/a>.<\/p>\n\n\n\n<table id=\"tablepress-50\" class=\"tablepress tablepress-id-50\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Stocks<\/th><th class=\"column-2\">Description<\/th><th class=\"column-3\">Last<\/th><th class=\"column-4\">Fair value<\/th><th class=\"column-5\">Upside<\/th><th class=\"column-6\">Dividend yield<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">BDN<\/td><td class=\"column-2\">Brandywine Realty Trust<\/td><td class=\"column-3\">$3.97<\/td><td class=\"column-4\">$9.05<\/td><td class=\"column-5\">127.96%<\/td><td class=\"column-6\">17.72%<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">MPW<\/td><td class=\"column-2\">Medical Properties Trust Inc<\/td><td class=\"column-3\">$8.82<\/td><td class=\"column-4\">$11.54<\/td><td class=\"column-5\">30.84%<\/td><td class=\"column-6\">14.32%<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">BIG<\/td><td class=\"column-2\">Big Lots Inc<\/td><td class=\"column-3\">$8.99<\/td><td class=\"column-4\">$27.84<\/td><td class=\"column-5\">209.68%<\/td><td class=\"column-6\">11.18%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n<p class=\"wp-block-paragraph translation-block\">To trade a Married Put for BDN <a href=\"https:\/\/slashtraders.com\/en\/blog\/best-reits-to-invest-in\/\" target=\"_blank\" rel=\"noreferrer noopener\">REIT<\/a>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Buy 100 shares for $394.<\/li>\n\n\n\n<li>Buy a Put at $2.50 that expires next month for a $15 premium.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/bdn-married-put.png\" alt=\"bdn married put\" class=\"wp-image-9642\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/bdn-married-put.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/bdn-married-put-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/bdn-married-put-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/bdn-married-put-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2023\/05\/bdn-married-put-18x10.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Purchase 100 BDN stocks and a Put contract.<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">We can expect a 17% dividend yield while we own the stocks. The maximum loss we can expect if the <a href=\"https:\/\/slashtraders.com\/en\/tools\/bear-call-spread-screener\/\" target=\"_blank\" rel=\"noreferrer noopener\">market goes down<\/a> is selling 100 shares at $2.50 each.<\/p>\n\n\n\n<p class=\"has-ast-global-color-4-background-color has-background wp-block-paragraph\"><a href=\"https:\/\/slashtraders.com\/en\/blog\/slashtraders-vs-sp500\/\" target=\"_blank\" rel=\"noreferrer noopener\">SlashTraders vs S&amp;P 500: 450% Outperformance, Verified Trades and How to Copy Every Alert<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Married Put provides a simple protection to your stock value with a simple Put contract. So you feel safer with long-term stock investments.<\/p>","protected":false},"author":1,"featured_media":9614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"plain-container","ast-site-content-layout":"normal-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","_wp_rev_ctl_limit":"5"},"categories":[3],"tags":[56,12,64,19,14,11],"class_list":["post-9613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-cn","tag-en","tag-es","tag-googl","tag-options","tag-tw"],"_links":{"self":[{"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/posts\/9613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/comments?post=9613"}],"version-history":[{"count":5,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/posts\/9613\/revisions"}],"predecessor-version":[{"id":13953,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/posts\/9613\/revisions\/13953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/media\/9614"}],"wp:attachment":[{"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/media?parent=9613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/categories?post=9613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/tags?post=9613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}