StratagemTrade - 6 Month Collar Study

Price: $858
Format: Online Course / Video Lessons
Platform: StratagemTrade

Course Overview:

The 6 Month Collar Study course from StratagemTrade is an in-depth, hands-on training program designed for traders who wish to master the art of using collar strategies in their options trading. The collar strategy is a risk-management technique that involves holding a long position in an underlying asset while simultaneously buying a protective put option and selling a call option. This strategy helps to limit downside risk while generating additional income through the sale of call options.

Over the course of six months, you will receive expert guidance and practical experience with real-world case studies, designed to show you how to apply the collar strategy effectively in varying market conditions. Whether you're an intermediate trader or an experienced investor, this comprehensive program will provide you with the knowledge and tools needed to enhance your options trading portfolio by mastering one of the most popular hedging techniques.

Every year in Scott's POT class he studies at least one collar position for a few months. This time around, the is doing a full 6-month project that comes with him doing a complete journal on the whole trade over the course of that 6 months. On February 16, 2024, Scott started a long-term collar on a stock (MRO) picked by the students through a vote. He will be managing the trade every day for six (6) months. As the trade progresses, he will be keeping a daily journal that will be printed and will be provided to subscribed students as a book at the conclusion of the class.

DYNAMIC HEDGING: The Dynamic Hedging of a Collar is one of the most elegant and intricate events in protecting a stock given the near limitless setups that can be done. Furthermore, the hedges will need to be adjusted and carried along with the stock in order to maximize upside potential, use the puts to buy more shares, and maintain proper downside protection.

CALL: There are times when selling a call is called for and times when a call spread (sale) or no sale is preferable.

PUT: Depending on volatility levels and time until expiration, a butterfly, broken-wing butterfly (BWB), condor or vertical spread is preferable to owning a long put. As a matter of fact, there will be times when owning less puts offers more downside protection than being fully hedged. You heard that right. Though it does not logically make sense, we will be demonstrating such instances. During times of an extreme collapse in the share price of the underlying, the ITM put can be used to purchase more shares without further out-of-pockets costs/investment capital. Who else teaches this?

COMBINED: Over the course of 6 months, we will be having at least one (1) POT class a month dedicated to just the collar. This is going to be the MOST comprehensive Collar class we (or anyone) have ever done, and a must for anyone who owns shares they wish to protect.

$858 price includes:

Access to a dedicated Collars Mini P.O.T. Slack channel updates of the trade examples

P.O.T. updates regarding the Collar trade example(s), sent via email; includes Scott daily journal entries

At least six P.O.T. class recordings that pertains to Collars

Introduction P.O.T. class recording done on February 7 plus access to the live class on February 15 (and the recording)

Scott's complete journal (printed copy) at the end of the 6 months

Final bonus P.O.T. class wrap-up recording

What You’ll Learn:

1. Introduction to Collar Strategies

• What is a Collar Strategy?: Understand the fundamentals of a collar strategy, including the concept of using a combination of options—puts and calls—to hedge your position and protect against market volatility.
• The Benefits of Collars: Learn why collar strategies are particularly useful for reducing downside risk while limiting potential upside gains. Explore the specific advantages of using collars for risk management, income generation, and portfolio protection.
• When to Use a Collar Strategy: Learn the right market conditions for using collars and when they might be most effective in protecting your assets from market downturns.

2. Setting Up a Collar Trade

• Choosing the Right Assets: Learn how to select the underlying assets (stocks, ETFs, etc.) for which a collar strategy is appropriate. Understand how the price movement of the asset, along with its volatility, plays a critical role in choosing the right combination of options.
• Selecting Strike Prices and Expiration Dates: Understand how to choose the right strike prices for your protective puts and covered calls, and how to select the appropriate expiration dates based on your risk tolerance and trading goals.
• Constructing a Collar Position: Master the step-by-step process of constructing a collar position, including selecting the put and call options and setting up your trade in the most efficient manner.

3. Advanced Collar Strategy Techniques

• Managing Risk with Collars: Learn advanced techniques for using collars as a risk mitigation tool. Explore how to balance the potential for gains with the protection of your downside risk, and how to structure collars to protect your profits in volatile markets.
• Collar Adjustments: Understand how and when to adjust your collar positions based on changes in market conditions, stock price movement, and time decay. Learn strategies for rolling out or modifying your collars to maintain the desired risk-reward balance.
• Covered Call vs. Protective Put: Compare the collar strategy with other risk-reduction strategies like covered calls and protective puts. Learn the key differences and how combining these techniques with a collar can create a more robust risk management strategy.

4. Timing and Execution

• Market Timing for Collars: Timing is crucial when implementing a collar strategy. Learn how to assess market conditions and identify the right entry and exit points for collar trades.
• Entering and Exiting Collar Trades: Gain practical insight into how to execute collar trades effectively, ensuring that you minimize risk while optimizing returns. Learn how to decide when to exit a collar trade, either due to a change in market conditions or when your desired profit/loss target has been reached.
• Optimizing Collar Duration: The course will teach you how to evaluate and adjust the duration of your collar positions. Learn how to time the duration of the collars based on market trends, ensuring you get the best value for your trade.

5. Real-Life Case Studies and Applications

• Case Studies of Successful Collar Trades: Study real-life examples of successful collar trades across a variety of market conditions. These case studies will provide you with insights into how to apply collar strategies in different market cycles and asset types.
• Lessons Learned from Failed Collars: Not all collar trades are successful. The course will also cover common mistakes traders make when using collars, and how to learn from these failures to improve future trades.
• Simulations and Practical Exercises: Engage in hands-on exercises and simulations that allow you to practice constructing and managing collar positions in a risk-free environment. You'll gain confidence in your ability to execute these strategies when trading in real markets.

6. Risk Management and Trade Optimization

• Risk Reduction Through Collars: Learn how to optimize risk management by using collars to protect both your capital and profits. This course will teach you the key elements of balancing risk and reward using collars.
• Adjusting for Volatility: Understanding market volatility is essential for maximizing the effectiveness of your collar trades. Learn how to adjust your positions during periods of high volatility and how to reduce exposure to sudden market shifts.
• Collar Performance Evaluation: Develop the skills to assess the performance of your collar trades. Learn how to evaluate whether your trades have met your desired objectives, and how to refine your approach for future trades.

7. Ongoing Support and Community Access

• Monthly Check-Ins: Throughout the six months, you will receive regular check-ins and updates on collar strategies. These monthly sessions will provide additional insights, answer questions, and cover any new developments or changes in the market that could affect your collar trading.
• Access to a Community of Traders: Gain access to an exclusive community of like-minded traders who are also learning and applying collar strategies. This network will allow you to share experiences, exchange tips, and collaborate on strategies with other students.
• Q&A Sessions with Experts: Participate in live Q&A sessions with seasoned options traders. These sessions are designed to help you troubleshoot challenges, deepen your understanding of collar strategies, and refine your approach.

Why You Should Take This Course:

The 6 Month Collar Study course by StratagemTrade is a comprehensive, hands-on program designed for traders who are serious about mastering one of the most effective risk-management strategies in options trading. By enrolling, you'll gain in-depth knowledge of the collar strategy and learn how to apply it to a variety of market conditions, asset classes, and timeframes.

Whether you're a beginner or an experienced trader, this course provides valuable insights into how to protect your portfolio while generating income through the sale of call options. By the end of the course, you will have the expertise to implement collars with confidence, manage your trades effectively, and optimize your risk-reward profile.

Enroll now and take the next step toward mastering the collar strategy for safer, more profitable options trading!