Protective Put vs Stop-Loss Order
Protective put vs stop-loss order on one 100-share position: how each sets a floor, what an overnight gap does to a stop, and what the put premium costs.
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Protective put vs stop-loss order on one 100-share position: how each sets a floor, what an overnight gap does to a stop, and what the put premium costs.
A collar hedges a concentrated stock cheaply: own the shares, buy a put for a floor, sell a call for a cap. We trace a real SPY collar through June's selloff.