The break-even point of a collar that is initiated for a debit is the lower strike minus

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The break-even point of a collar that is initiated for a debit is the lower strike minus the spread debit, and the break-even point of a collar that is initiated for a credit is the upper strike plus the spread credit.

True or false?

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Related Book For  book-img-for-question

Option Spread Strategies Trading Up Down And Sideways Markets

ISBN: B003O2SXRI

1st Edition

Authors: Anthony J Saliba ,Joseph C Corona ,Karen E Johnson

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