Option Millionaires

[grawsha]

Nolerman & Porgie Tirebiter

This is what I mean:
A collar is an options trading strategy that is constructed by holding shares of the underlying stock while simultaneously buying protective puts and selling call options against that holding. The puts and the calls are both out-of-the-money options having the same expiration month and must be equal in number of contracts.
http://www.theoptionsguide.com/the-collar-strategy.aspx