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- 2011-7-2
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- 2015-12-9
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Z
>
>
> I thought a collar was a protective put + covered
> call
>
> a bull spread is two calls or two puts
>
> no?
Yes you are correct. Collar is protective put + covered call + underlying stock.
But the Collar payoff diagram = Bull spread payoff diagram.
That is what he meant to say. |
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