Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
We have modelled above a 2-week collar for the SPY with the same characteristics as the ones ETJ currently exhibits: the written call is built around 12% out-of-the-money-ness, while the purchased put is at around 1% out of the money.