![Options Collar Guide [Setup, Entry, Adjustments, Exit]](https://assets-global.website-files.com/5fba23eb8789c3c7fcfb5f31/607da30ce034e549e54d6e81_Collar-Strategy-Options-Strategies-Option-Alpha-Handbook.png "Options Collar Guide [Setup, Entry, Adjustments, Exit]")
Options Collar Guide [Setup, Entry, Adjustments, Exit]
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![The Collar Option Strategy - An In-Depth Guide [+ Examples] - TradePik](https://tradepik.com/wp-content/uploads/2022/01/Collar-Option-Strategy.jpg "The Collar Option Strategy - An In-Depth Guide [+ Examples] - TradePik")
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How a Protective Collar Works
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