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Stock Trading: I believe it's called a collar. I would like to find the right hedge strategy when selling an option spread and it starts going against you. Which stock option strategy
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How a Protective Collar Works
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![Options Collar Guide [Setup, Entry, Adjustments, Exit]](https://assets-global.website-files.com/5fba23eb8789c3c7fcfb5f31/5ffb0b9a066cfa1704a6d282_Bgkt1wnmNkVshEhYIQB0PAqrCfhRj2i4HhL3bxh8vRP7EZQrbp3hZT9VAFxHWRfyoJdZUmWxmcaE6oyXaas5GxJ8JK21Q0nT2Lu0OSce4s3O-E0A2EoZFkPoQrmzjxy7r9WeBkuT.jpeg "Options Collar Guide [Setup, Entry, Adjustments, Exit]")
Options Collar Guide [Setup, Entry, Adjustments, Exit]
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