{"slug":"collars","qid":"legs","label":"The two collar legs: the $740 put (floor) and the $760 call (cap)","post_title":"The Options Collar: A Cheap Hedge","post_url":"/blog/collars#q-legs","columns":["date","put_740","call_760"],"rows":[{"date":"2026-06-04","put_740":2.75,"call_760":5.65},{"date":"2026-06-05","put_740":12.79,"call_760":0.96},{"date":"2026-06-08","put_740":8.93,"call_760":0.84},{"date":"2026-06-09","put_740":10.83,"call_760":0.73},{"date":"2026-06-10","put_740":18.7,"call_760":0.28},{"date":"2026-06-11","put_740":8.91,"call_760":0.76},{"date":"2026-06-12","put_740":5.44,"call_760":0.37},{"date":"2026-06-15","put_740":1.16,"call_760":1.37}],"shape":"series","sql":"SELECT p.date AS date,\n       round(avg(p.option_close), 2) AS put_740,\n       round(avg(c.option_close), 2) AS call_760\nFROM global_markets.options_greeks p\nINNER JOIN global_markets.options_greeks c ON p.date = c.date\nWHERE p.ticker = 'O:SPY260618P00740000' AND c.ticker = 'O:SPY260618C00760000'\n  AND p.date BETWEEN '2026-06-04' AND '2026-06-15'\n  AND p.implied_volatility > 0.02 AND c.implied_volatility > 0.02\nGROUP BY p.date ORDER BY p.date","computed_at":"2026-07-16T10:03:51.582392+00:00","elapsed":0.002286343}