Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

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Nov 6 4:00 PM EST

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To: Hong Xu who wrote (11823)	7/7/1998 10:23:00 AM
From: braveman	Read Replies (1) of 27307

An equity collar program is a means for locking in wealth and deferring taxes that brokers have been offering to their best customers for years. The name comes from the use of call options and put options to lock in ("collar") a price for the stock. After the price has been locked in, the sponsor of the program advances money to the investor.

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