INVE Collar Strategy
INVE (Identiv, Inc.), in the Technology sector, (Computer Hardware industry), listed on NASDAQ.
Identiv, Inc. operates as a security technology company that secures things, data, and physical places in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Identity and Premises. The Identity segment offers products and solutions that enables secure access to information serving the logical access and cyber security markets, as well as protecting connected objects and information using radio-frequency identification embedded security. The Premises segment provides solutions for premises security market, such as access control, video surveillance, analytics, audio, access readers, and identities to government facilities, schools, utilities, hospitals, stores, apartment buildings, and shops. The company sells its products through dealers, systems integrators, value added resellers, and resellers. The company was formerly known as Identive Group, Inc. and changed its name to Identiv, Inc. in May 2014.
INVE (Identiv, Inc.) trades in the Technology sector, specifically Computer Hardware, with a market capitalization of approximately $115.7M, a beta of 1.25 versus the broader market, a 52-week range of 3.03-5.3, average daily share volume of 189K, a public-listing history dating back to 1997, approximately 166 full-time employees. These structural characteristics shape how INVE stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 1.25 places INVE roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline.
What is a collar on INVE?
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 INVE snapshot
As of May 15, 2026, spot at $3.81, ATM IV 76.40%, IV rank 19.57%, expected move 21.90%. The collar on INVE 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 INVE specifically: IV regime affects collar pricing on both sides; compressed INVE IV at 76.40% typically pushes the short call premium to roughly offset the long put cost, with a market-implied 1-standard-deviation move of approximately 21.90% (roughly $0.83 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 INVE expiries trade a higher absolute premium for lower per-day decay. Position sizing on INVE should anchor to the underlying notional of $3.81 per share and to the trader's directional view on INVE stock.
INVE collar setup
The INVE 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 INVE near $3.81, the first option leg uses a $4.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed INVE 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 INVE shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 100 shares | Stock | $3.81 | long |
| Sell 1 | Call | $4.00 | N/A |
| Buy 1 | Put | $3.62 | N/A |
INVE 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.
INVE collar payoff curve
Modeled P&L at expiration across a range of underlying prices for the collar on INVE. 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 INVE
Collars on INVE hedge an existing long INVE 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.
INVE thesis for this collar
The market-implied 1-standard-deviation range for INVE extends from approximately $2.98 on the downside to $4.64 on the upside. A INVE collar hedges an existing long INVE 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 INVE IV rank near 19.57% 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 INVE at 76.40%. As a Technology name, INVE options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to INVE-specific events.
INVE 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. INVE positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move INVE alongside the broader basket even when INVE-specific fundamentals are unchanged. Always rebuild the position from current INVE chain quotes before placing a trade.
Frequently asked questions
- What is a collar on INVE?
- A collar on INVE is the collar strategy applied to INVE (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 INVE stock trading near $3.81, the strikes shown on this page are snapped to the nearest listed INVE chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are INVE 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 INVE collar priced from the end-of-day chain at a 30-day expiry (ATM IV 76.40%), 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 INVE collar?
- The breakeven for the INVE 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 INVE market-implied 1-standard-deviation expected move is approximately 21.90%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a collar on INVE?
- Collars on INVE hedge an existing long INVE 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 INVE implied volatility affect this collar?
- INVE ATM IV is at 76.40% with IV rank near 19.57%, 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.