Following up on the information from Question 3 above, John liked your recommendation but he wants to find out if he can minimize his premiums for the 3 months (by Jan 2021). You recomemended that John modify his strategy of protecting his investment at $13,000 to a Collar spread receiving some of the premium to cover his initial cost based on the $140 level with the same expiration Assuming that the stock drops to $117 what will John's total Profit Loss and HPR% be if he agrees in taking the collar strategy - assuming he sells the stock at this level? Profit/Loss $ HPR% Assuming that the stock is $154 what will John's total Profit/Loss and HPR% be if he agrees in taking the collar strategy - assuming he sells the stock at this level? Profit/Loss $ HPR% Following up on the information from Question 3 above, John liked your recommendation but he wants to find out if he can minimize his premiums for the 3 months (by Jan 2021). You recomemended that John modify his strategy of protecting his investment at $13,000 to a Collar spread receiving some of the premium to cover his initial cost based on the $140 level with the same expiration Assuming that the stock drops to $117 what will John's total Profit Loss and HPR% be if he agrees in taking the collar strategy - assuming he sells the stock at this level? Profit/Loss $ HPR% Assuming that the stock is $154 what will John's total Profit/Loss and HPR% be if he agrees in taking the collar strategy - assuming he sells the stock at this level? Profit/Loss $ HPR%