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REDDIT

How to collar my options?

0
Apr 9, 2025 · 21:57

Hi yall, i made 2 options trades for puts right before the options trading window closed and i would like to sell them but cannot. Both are 545 and 550 with an average price of 11.70 and 14.30. How can i collar this trade using SPY 4x leveraged ETFs and is that even a good idea? Thanks

Options expire on the 17th and 21st respectively