I selected a collar and have the option for net debit, net credit, and even. I thought selecting anything but "net debit" would result in an error, but it appears to let me go forward with any of these 3 selected. The cost of the collar would be $8.63 (x100), but when selecting "even", it drops to $1.30.
Am I misunderstanding something fundamental?
Note, I have 100 shares of the underlying and just trying to create a protective collar to reduce downside risk.
Submitted November 17, 2021 at 10:25AM by nukem2k5 https://ift.tt/3wVx2pY
