Verde Capital Management
Collar builder · advisor tools
Live Cboe option chain

Build and explain a collar

A collar protects a stock position with a price floor while capping the upside, often at little or no net cost. Type a ticker, pull the live price and the real option chain, then size the trade and show the client the outcome.

The position
Enter a ticker and pull the data.
Data sources
The option chain, implied volatility, greeks and open interest come from Cboe delayed quotes, about 15 minutes behind during market hours. The company name and price history for historical volatility come from Yahoo Finance. Both are read by Verde's own data service on this server, so nothing leaves this page except one request to /api/chain.
Downside protection 10% below
Buy a protective put
Upside cap 10% above
Sell a covered call
Volatility used 28%
Annualized. Overridden by real implied volatility when the chain loads.
Strikes snap to real listed strikes and premiums come from the live bid and ask. Slide to a different level and it re-snaps.
Share price
live
Protected floor
put strike
Upside cap
call strike
Net cost of collar
per share
Payoff at expiration
Net profit or loss on the whole position
Collar Stock alone
The two option legs
Real listed contracts, snapped to the nearest available strike
If the stock lands here at expiration
Net profit or loss after option premiums
What to tell the client
Plain English summary of this exact trade