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Reallifetrading

Collar on Us Steel

United States Steel Corporation (NYSE:X)  
Reallifetrading  
NYSE:X   United States Steel Corporation
ussteel reallifetrading coveredcall protectiveput collar
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ussteel reallifetrading coveredcall protectiveput collar
So this trade, many traders are in since $17 / 18 ish from a put sale. At this point, getting into a collar. Would not cry about getting exercised at $23.
That would be about 30% gain.

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Longer term put sale on X
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