"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."
"Navigating derivatives markets can be daunting for many investors and so the benefits of hedging have usually been limited to professionals. Portfolio Armor is an innovative system that effectively identifies the lowest cost options for affordable hedging solutions. This tool is invaluable for investors who wish to protect their wealth against market drops."
"In today's market environment, investors are increasingly concerned about downside risk. Portfolio Armor has been an effective tool in helping me protect my clients' portfolios."
"This is a great product. I own a factoring company, and regularly use this product to help target proper hedging strategies to protect our investment in short term accounts receivable when dealing with public companies. Keep up the excellent work."
"I worked as a commercial banker for a major bank for years, and have always managed my own stock portfolio. I considered myself a fairly sophisticated investor. I was familiar with the concept of protective puts, but I didn't use them, mainly because I could never find a simple answer to the question of how many of which puts I needed to buy for my purposes.
I can stomach a 20% or 30% drop in one of my stocks, but in 2008, my largest stock holding dropped more than 70%. If I'd had a tool like Portfolio Armor then, I would have used it to hedge against huge losses like that. I'm using Portfolio Armor to hedge my stocks now though, so I won't be exposed to large losses like that again."
"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)!"
"Portfolio Armor is exactly what I need to give me some confidence that I’m buying the right options (It’s real money after all). It’s so hard for a beginner like me to feel I have all the numbers right."
Portfolio Armor was developed and is operated by Launching Innovation, LLC. David Pinsen founded Launching Innovation, LLC, to bring together developers, designers, and academic finance experts to create easy-to-use tools to solve complex problems for investors.