I am sometimes tempted by the juicy dividends of some Canadian stocks because dividends are taxed favorably by CRA. One such company is [RSI](https://www.google.ca/finance?q=TSE%3ARSI&ei=3VEcVfmhO4uGqwHH2oCQBg)

Problem is, I would like to protect the long position from downside risk, but without put options, how can I do that?

This stock does not have any option chain.