[Verse 1]
You own some stock but feeling scared
The market's wild, you're unprepared
A collar strategy might be your friend
Protection with some income to blend
Sell a call above your price
Buy a put, that's my advice
Two moves together, one sweet deal
A safety net that's really real
[Chorus]
Collar up, collar down
Cover calls and puts around
Limited loss, limited gain
Trading upside for less pain
Collar up, collar down
Best protection you have found
Income flows while risk stays low
That's the way the smart trades go
[Verse 2]
The covered call brings money in
Premium cash, that's how you win
But if the stock flies way too high
Your shares get called, you wave goodbye
The protective put's your safety floor
Won't let losses hurt much more
Pay premium for that peace of mind
Leave your biggest fears behind
[Chorus]
Collar up, collar down
Cover calls and puts around
Limited loss, limited gain
Trading upside for less pain
Collar up, collar down
Best protection you have found
Income flows while risk stays low
That's the way the smart trades go
[Bridge]
Strike price high for calls you write
Strike price low for puts you buy
In between is where you'll stay
Win or lose, you'll be okay
Balance risk and reward just right
Sleep better every single night
[Chorus]
Collar up, collar down
Cover calls and puts around
Limited loss, limited gain
Trading upside for less pain
Collar up, collar down
Best protection you have found
Income flows while risk stays low
That's the way the smart trades go
[Outro]
When markets swing from high to low
A collar keeps your stress real low
Two options working hand in hand
Now you've got this strategy planned