Strategie in opzioni - Strategie Bullish

Costless Collar Construction

 

Long	100	Uderlying
Sell	1	OTM Leaps	Call
Buy	1	ATM Leaps	Put

 

The costless collar, or zero-cost collar,  is established by buying a protective put while writing an out-of-the-money covered call with a strike price at which the premium received is equal to the premium of the protective put purchased.