The hour was late, and his footsteps echoed softly across the

The income generated from selling the call leg, as you can see below, was $1,060, or 1.03% of position value (calculated conservatively as well https://www.refurbishedmobilephonesi.com/, using the bid price of the calls).So the net cost of the collar was $4,705, or 4.57%.The best case scenario for Amazon, given this hedge, was an upside of 18.35% (the 22.92% cap minus the hedging cost of 4.57%). The worst case scenario was a decline of 7% (the threshold includes the hedging cost). So the best case upside was 2.6x the worst case downside (18.35% / 4.57% = 2.62).

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