Investing
shouldn’t feel
like a casino.

Protect your investments.
Take control over your outcome.

Parity turns options into clear choices about how much downside to protect, how much upside to keep, and the tradeoffs that come with each.

No options experience neededWorks at your existing brokerPriced at real bid and askFree, no credit card
Live pricingSPY · 357 days to expiration
Your outcome SPY Return
-20%-10%0%+10%+20%-20-100+10+20
Hover to explore

Outcome at expiration · hold to expiry for this exact tradeoff

Downside cushion

+9.5%

Max gain

+10.0%

You receive today

$6,567.00

357 days
SPY · 100 shares
Indicative option pricing
Try your own ticker

Live estimates for SPY. Figures are estimates based on current market pricing and are not personalized advice or guarantees of future results.

Everything you need to invest with protection

Build a new position or protect one you already own. Compare protection, potential upside, and costs across 4,000+ stocks and ETFs.

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From options to outcomes

There are hundreds of ways to protect a stock. You choose the protection level; Parity shows the tradeoffs and how to implement.

Try a ticker

How much SPY upside can I keep while limiting my loss to 0.1% through September 17, 2027?

Without Parity

240 option contracts. Two of them become your protection.

Max loss?
Max gain?
Duration?
You Pay Today?

You’d have to work these out yourself.

Checked all 240 contracts
Finds the closest match to your target.
With ParityIndicative pricing

One clear answer.

Max loss-0.1%
Max gain+7.3%
Duration357 days
You Pay Today$3.00

Same SPY · same expiration · one clear answer. No guesswork, you choose the outcome.

Want to customize this outcome?

Tune the protection, upside, and horizon for SPY.

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Protect what you've built.

It should be as easy to protect what you own as it was to buy it

Compare three ways to protect your investments.

Explore ways to protect a stock or ETF you own.

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Use Parity your way

Invest on your own, get help from an advisor, or build with the Parity API.

Trade on your own

$14.99/mo

Clear, broker-ready trade tickets you can use with virtually any brokerage.

  • Step-by-step instructions
  • Exact strikes, quantities, and prices
  • Works with most options-enabled brokerages
  • 4,000+ stocks and ETFs
SPY — COLLAR (100 SHARES)

Expires Sep 17, 2027 · 357 days

ActionQtyDetails
Buy to Open1SPY $770 Put
Sell to Open1SPY $820 Call
You pay today$3.00

API Access

$29.99/mo

Powerful API for deeper analysis, integration, and automation.

  • Institutional option data
  • Outcome modeling & scenarios
  • Portfolio & strategy analytics
  • 4,000+ stocks and ETFs
response.json
{
  "symbol": "SPY",
  "shares": 100,
  "days_to_expiration": 357,
  "strategy": "collar",
  "outcomes": {
    "max_loss": -0.0014,
    "upside_cap": 0.0729,
    "net_debit": 3
  }
}

Choose how Parity can help

Get help with one outcome, have Parity manage selected outcomes digitally, or work directly with an adviser on your portfolio.

One-time outcome help

Have a registered investment adviser review a selected outcome and help you understand its tradeoffs and implementation. You remain in control of every trade.

  • Live adviser chat · $25 · Up to 15 minutes
  • Phone or video review · $50 · Up to 20 minutes

Free Parity account required. No ongoing advisory relationship required.

Digital Advisor

COMING SOON

Choose a defined outcome online, and Parity implements and monitors it in your own Tradier brokerage account.

  • Focused on the outcomes you select
  • Managed primarily through the Parity website
  • Brokerage account held at Tradier

Personal Advisor

AVAILABLE NOW

Work directly with a Parity adviser for ongoing investment management focused on portfolio construction, protection and risk.

  • Personalized portfolio construction
  • Ongoing investment and allocation decisions
  • Portfolio monitoring and rebalancing

All investment advice and investment-management services are provided by Parity Investment Management, LLC, a Tennessee-registered investment adviser. Brokerage services and custody are provided separately by the applicable brokerage provider.

For self-directed use, you review and place every trade at your brokerage. In an advisory account, Parity Investment Management, LLC may implement transactions according to the applicable advisory agreement.

Parity

Protect what you’ve built while staying invested. Define your downside, understand your upside, and remain in control.

Parity Outcomes, Inc. is a technology provider and is not a registered investment advisor, broker-dealer or custodian. Parity does not provide personalized investment advice and does not place trades. Users independently select their parameters and enter every transaction at their own brokerage. Brokerage services are provided by the user's brokerage firm.

Options involve risk and are not suitable for all investors. Defined outcomes are illustrative estimates based on option pricing, market conditions, execution assumptions, fees, and the stated outcome period. Investors may experience losses, and outcomes are not guaranteed.

Parity displays available scenarios based on parameters you select. Parity does not place trades; you enter every transaction directly in your own brokerage account. Client assets are held at your brokerage firm; Parity Outcomes, Inc. does not take custody of client funds.

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