ALTI Collar Strategy
ALTI (AlTi Global, Inc.), in the Financial Services sector, (Asset Management - Global industry), listed on NASDAQ.
AlTi Global, Inc. provides wealth and asset management services individuals, families, foundations, and institutions in the United States and internationally. The company offers discretionary investment management, non-discretionary investment advisory, trust, and administration services, as well as family office services comprising wealth transfer planning, multi-generational education planning, wealth and asset strategy, trust and fiduciary, chief financial officers and outsourced family office, philanthropy, and lifestyle and special projects services. It also provides merchant banking services, such as merger and acquisition advisory, corporate broker, private placements, public company and initial public offering advisory, strategic advisory, independent board advice, and structured finance advisory services; and corporate advisory, brokerage, and placement agency services to entrepreneurs and companies. The company offers investment strategy, asset allocation, investment manager selection, risk management, portfolio construction and implementation, and reporting. In addition, it manages or advises in combined assets; structures, arranges, and provides investors with co-investment opportunities in various alternative assets; manages and advises public and private investment funds; and invests in and supports financial services professionals, as well as provides impact investing advisory, investment manager selection, monitoring, and due diligence services. Further, the company offers coordination of legal-related and strategic business planning, wealth transfer planning, estate planning, research on trustee placement and multi-generational education planning, administrative, tax planning and concierge, and other services.
ALTI (AlTi Global, Inc.) trades in the Financial Services sector, specifically Asset Management - Global, with a market capitalization of approximately $484.1M, a beta of 0.75 versus the broader market, a 52-week range of 2.96-5.445, average daily share volume of 152K, a public-listing history dating back to 2021, approximately 430 full-time employees. These structural characteristics shape how ALTI stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.75 places ALTI roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline.
What is a collar on ALTI?
A collar pairs long stock with a protective out-of-the-money put financed by a short out-of-the-money call, capping both tails of the position around the current spot.
Current ALTI snapshot
As of May 15, 2026, spot at $3.49, ATM IV 91.10%, IV rank 23.91%, expected move 26.12%. The collar on ALTI below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 34-day expiry.
Why this collar structure on ALTI specifically: IV regime affects collar pricing on both sides; compressed ALTI IV at 91.10% typically pushes the short call premium to roughly offset the long put cost, with a market-implied 1-standard-deviation move of approximately 26.12% (roughly $0.91 on the underlying). The 34-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated ALTI expiries trade a higher absolute premium for lower per-day decay. Position sizing on ALTI should anchor to the underlying notional of $3.49 per share and to the trader's directional view on ALTI stock.
ALTI collar setup
The ALTI collar below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With ALTI near $3.49, the first option leg uses a $3.66 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed ALTI chain at a 34-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 ALTI shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 100 shares | Stock | $3.49 | long |
| Sell 1 | Call | $3.66 | N/A |
| Buy 1 | Put | $3.32 | N/A |
ALTI collar risk and reward
- Net Premium / Debit
- N/A
- Max Profit (per contract)
- Unbounded
- Max Loss (per contract)
- Unbounded
- Breakeven(s)
- None on modeled curve
- Risk / Reward Ratio
- N/A
Max profit roughly equals short-call strike minus cost basis plus net premium; max loss roughly equals cost basis minus long-put strike minus net premium. Breakeven shifts by the net premium.
ALTI collar payoff curve
Modeled P&L at expiration across a range of underlying prices for the collar on ALTI. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.
When traders use collar on ALTI
Collars on ALTI hedge an existing long ALTI stock position; the long put sets a floor while the short call finances it, often run as a near-zero-cost hedge during expected volatility windows.
ALTI thesis for this collar
The market-implied 1-standard-deviation range for ALTI extends from approximately $2.58 on the downside to $4.40 on the upside. A ALTI collar hedges an existing long ALTI position with a protective put while financing the put cost via a short call; when the premiums roughly offset, the collar acts as a near-zero-cost insurance band around the current spot. Current ALTI IV rank near 23.91% sits in the lower third of its 1-year distribution, where IV often re-expands toward the mean; this favors premium-buying structures and disadvantages premium-selling structures on ALTI at 91.10%. As a Financial Services name, ALTI options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to ALTI-specific events.
ALTI collar positions are structurally neutral (protective); the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. ALTI positions also carry Financial Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move ALTI alongside the broader basket even when ALTI-specific fundamentals are unchanged. Always rebuild the position from current ALTI chain quotes before placing a trade.
Frequently asked questions
- What is a collar on ALTI?
- A collar on ALTI is the collar strategy applied to ALTI (stock). The strategy is structurally neutral (protective): A collar pairs long stock with a protective out-of-the-money put financed by a short out-of-the-money call, capping both tails of the position around the current spot. With ALTI stock trading near $3.49, the strikes shown on this page are snapped to the nearest listed ALTI chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are ALTI collar max profit and max loss calculated?
- Max profit roughly equals short-call strike minus cost basis plus net premium; max loss roughly equals cost basis minus long-put strike minus net premium. Breakeven shifts by the net premium. For the ALTI collar priced from the end-of-day chain at a 30-day expiry (ATM IV 91.10%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a ALTI collar?
- The breakeven for the ALTI collar priced on this page is no defined breakeven on the modeled curve at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current ALTI market-implied 1-standard-deviation expected move is approximately 26.12%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a collar on ALTI?
- Collars on ALTI hedge an existing long ALTI stock position; the long put sets a floor while the short call finances it, often run as a near-zero-cost hedge during expected volatility windows.
- How does current ALTI implied volatility affect this collar?
- ALTI ATM IV is at 91.10% with IV rank near 23.91%, which is on the low end of its 1-year range. Premium-buying structures (long call, long put, debit spreads) are relatively cheap in this regime; premium-selling structures collect less credit per unit risk.