HWKN Profit Protection
RSI: 60 IV: 46%Current Price: $152.52 Updated: Mar 31, 2026 11:50 AM ET
Why Protect HWKN Now?
RSI above 70 historically signals mean reversion risk
Trading near moving average support
Modest gains - protection can preserve upside
3 Protection Strategies
Protective Collar
Sell call to fund put - often $0 net cost
Sell $160 Call @ $4.00 to buy $140 Put @ $4.30 for $0.30 net debit.
| Action | Type | Strike | Premium |
|---|---|---|---|
| BUY | PUT | $140.00 | $4.30 |
| SELL | CALL | $160.00 | $4.00 |
Protective Put
Buy downside insurance - unlimited upside retained
Insurance against downside - floor at $140.00
| Action | Type | Strike | Premium |
|---|---|---|---|
| BUY | PUT | $140.00 | $4.30 |
Covered Call
Generate income - caps upside but cushions downside
Generate income by capping upside at $155.00
| Action | Type | Strike | Premium |
|---|---|---|---|
| SELL | CALL | $155.00 | $7.50 |
P&L Comparison (100 Shares)
See how each protection strategy performs compared to holding unhedged shares.
| Scenario | No Protection | Protective Collar | Protective Put | Covered Call |
|---|---|---|---|---|
| Stock -20% ($122) | $-3050 | $-1281 | $-1681 | $-2300 |
| Unchanged ($153) | $0 | $-30 | $-430 | +$750 |
| Stock +20% ($183) | +$3050 | +$719 | +$2620 | +$999 |
P&L calculated at expiry. Actual results may vary based on time decay and IV changes.
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