RE: Recent posts12 Apr 2024 18:29
Playboy, how the cost collar works has been made very public, plus I understand how price collars and futures work too. Just because you're uninformed and guessing don't presume everyone else is.
You can have this one for free....HUM receive the price of gold when the price of gold is trading between the collar.
If pog falls below the lower collar then they receive that lower collar price ( this is the hedge) if the price of gold exceeds the collar they receive the upper collar price only.
It's called a 'floating' collar for a reason π€£π€£π
Ps no offence taken, I never get offended by people who don't know any better.