Collar
A collar consists of holding the underlying stock, buying a put at a lower strike price, and selling a call at a higher strike price. This strategy limits both gains and losses, providing a hedge against potential volatility in the underlying asset.
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Options
| Action | Qty | Expiration Date | Strike | Type | Price | Delta | IV | |||||||||
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| RBLX | RBLX Leg 1 |
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Expiration Date
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Strike
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Price
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Delta
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IV
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| RBLX | RBLX Leg 2 |
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Qty
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Expiration Date
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Strike
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IV
%
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Trade Information
Collar
BUY +1 RBLX Dec 11, 2026 48.00 put @$1.86
SELL -1 RBLX Dec 11, 2026 57.00 call @$1.65
Stock
RBLX Current Price
$51.38 USD
RBLX Breakeven Price
Below $47.79 (-6.99%)
Trade Details
Cost of Trade
$21.00 USD
Maximum Profit
$4,779.00
Maximum Loss
Unlimited
CVaR
Probability Analysis
Probability of Profit (PoP)
Probability of Max Profit
Probability of Max Loss
Risk Reward Analysis
Expected Value (EV)
Expected Return (EV/risk)
Reward/Risk
Position Greeks
Delta (Δ)
Gamma (Γ)
Theta (Θ)
Vega (ν)