Training Ground › Level 14
🧣 Zero-Cost Insurance
Collar
Pay the premium with rent, box the stock into a channel
The legs in this level
| Leg | Strike | Premium |
|---|---|---|
| Hold 100 shares | cost $100 | — |
| Sell Call | $105 | $2 |
| Buy Put | $95 | $1.50 |
Payoff at expiry: green = profit zone, red = loss zone
Play this level
Unlocked from level 4 on with the Training Ground one-time purchase · Pricing
Learn it in the course:Lesson 15 · Protective Puts and Collars, Insuring Your Shares