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To: Sam Citron who wrote (93114)2/7/2000 7:05:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
It is clear from the article that a zero cash collar is simply the sale of an out of the money
covered call, with the proceeds used to purchase an out of the money put, so no net premium
is either paid or received. One offsets the other.


Sam,

Your guess sounds as good as any. It would work too.

Glenn