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:max_bytes(150000):strip_icc()/10OptionsStrategiesToKnow-05-00a2698cbc5c449eb0f11b4f67167eca.png "How a Protective Collar Works")
How a Protective Collar Works
![Payoff in zero-cost collar Source: [Chrzan 2007]. | Download Scientific Diagram](https://www.researchgate.net/publication/337348248/figure/fig1/AS:827261636853770@1574245952286/Payoff-in-zero-cost-collar-Source-Chrzan-2007.png "Payoff in zero-cost collar Source: [Chrzan 2007]. | Download Scientific Diagram")
Payoff in zero-cost collar Source: [Chrzan 2007]. | Download Scientific Diagram
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![Options Collar Guide [Setup, Entry, Adjustments, Exit]](https://assets-global.website-files.com/5fba23eb8789c3c7fcfb5f31/5ffb0b9a066cfa1704a6d282_Bgkt1wnmNkVshEhYIQB0PAqrCfhRj2i4HhL3bxh8vRP7EZQrbp3hZT9VAFxHWRfyoJdZUmWxmcaE6oyXaas5GxJ8JK21Q0nT2Lu0OSce4s3O-E0A2EoZFkPoQrmzjxy7r9WeBkuT.jpeg "Options Collar Guide [Setup, Entry, Adjustments, Exit]")
Options Collar Guide [Setup, Entry, Adjustments, Exit]
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