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A collar is A. something around your neck B. The simultaneous purchase of a call and sale of a pu t or The simultaneous purchase

A collar is

A.

something around your neck

B.

The simultaneous purchase of a call and sale of a put or

The simultaneous purchase of a put and sale of a call

C.

The simultaneous purchase of a call and sale of an OTM call

The simultaneous purchase of a put and sale of an OTM put

D.

The simultaneous purchase of a call and purchase of a put

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