LOVE Profit Protection
RSI: 64 IV: 66%Current Price: $17.49 Updated: Jul 6, 2026 12:13 AM ET
Why Protect LOVE Now?
RSI above 70 historically signals mean reversion risk
Extended above moving average - potential pullback zone
Modest gains - protection can preserve upside
3 Protection Strategies
Zero-Cost Collar
Sell call to fund put - often $0 net cost
Sell $18 Call @ $1.00 to buy $12 Put @ $0.28 for $0.72 net credit.
| Action | Type | Strike | Premium |
|---|---|---|---|
| BUY | PUT | $12.50 | $0.28 |
| SELL | CALL | $17.50 | $1.00 |
Covered Call
Generate income - caps upside but cushions downside
Generate income by capping upside at $17.50
| Action | Type | Strike | Premium |
|---|---|---|---|
| SELL | CALL | $17.50 | $1.00 |
P&L Comparison (100 Shares)
See how each protection strategy performs compared to holding unhedged shares.
| Scenario | No Protection | Zero-Cost Collar | Covered Call |
|---|---|---|---|
| Stock -20% ($14) | $-350 | $-278 | $-250 |
| Unchanged ($17) | $0 | +$72 | +$100 |
| Stock +20% ($21) | +$350 | +$73 | +$101 |
P&L calculated at expiry. Actual results may vary based on time decay and IV changes.
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Use our Options Profit Calculator to model any protection strategy with your preferred strikes and expiry dates.