Rather than try to explain possibly and probably imperfectly, I’ll refer you to radioactivetrading.com These guys are the married putmeisters; safeoptionstrategies.com are the collarmeisters. There are archived webinars on both sites that explain married puts & collars. I do “it” (eg; achieve the married put position that is the foundation for the collar) differently than they (either of them) do, but the principle is the same. I do not always go for the collar but I pretty much will not own naked long stock without put protection and no bloody way will I do so over earns.
Warning: You will need more than a 30-second attention span to grasp these strategies.
“Rather than try to explain possibly and probably imperfectly, I’ll refer you to radioactivetrading.com”
Great, thanks!
Much appreciated.