SPYH ETF rated Sell: its collar strategy caps upside, rarely protects downside, and may face distribution cuts/NAV erosion.

In this write-up, we present hedged equity as an alternative to the traditional 60/40 stock vs. bond portfolio. We describe the core scenarios where this approach is expected to outperform and compare ...

A collar strategy is an options trading strategy that involves holding a long position in an underlying asset while simultaneously buying a protective put option and selling a covered call option.

The collar strategy offers a way to protect your nest egg from significant losses while still allowing for some upside participation. By defining an explicit range for your stock profits and losses, ...