{"slug":"collars","qid":"spy_band","label":"SPY through the June 2026 selloff, boxed by the collar's $740 floor and $760 cap","post_title":"The Options Collar: A Cheap Hedge","post_url":"/blog/collars#q-spy_band","columns":["date","spy","floor","cap"],"rows":[{"date":"2026-06-04","spy":754.56,"floor":740,"cap":760},{"date":"2026-06-05","spy":735.36,"floor":740,"cap":760},{"date":"2026-06-08","spy":738.72,"floor":740,"cap":760},{"date":"2026-06-09","spy":735.7,"floor":740,"cap":760},{"date":"2026-06-10","spy":722.88,"floor":740,"cap":760},{"date":"2026-06-11","spy":739.48,"floor":740,"cap":760},{"date":"2026-06-12","spy":742.45,"floor":740,"cap":760},{"date":"2026-06-15","spy":753.91,"floor":740,"cap":760}],"shape":"series","sql":"SELECT date,\n       round(avg(underlying_close), 2) AS spy,\n       740 AS floor,\n       760 AS cap\nFROM global_markets.options_greeks\nWHERE ticker = 'O:SPY260618P00740000' AND date BETWEEN '2026-06-04' AND '2026-06-15' AND implied_volatility > 0.02\nGROUP BY date ORDER BY date","computed_at":"2026-07-16T10:03:51.671576+00:00","elapsed":0.00164141}