KULR Collar Strategy
KULR (KULR Technology Group, Inc.), in the Technology sector, (Hardware, Equipment & Parts industry), listed on AMEX.
KULR Technology Group, Inc., through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for batteries, electronics, and other components applications in the United States. It offers lithium-ion battery thermal runaway shields; fiber thermal interface materials; phase change material heatsinks; internal short circuit device; KULR battery cell screening and testing automation system and tech safe case; cellcheck; and CRUX cathodes. The company's technologies are used in electric vehicles, energy storage, battery recycling transportation, cloud computing, and 5G communication devices. It sells its products for applications, such as lithium-ion battery energy storage, electric vehicles, 5G communication, cloud computer infrastructure, consumer, and industrial devices. The company was formerly known as KT High-Tech Marketing Inc. and changed its name to KULR Technology Group, Inc. in August 2018. KULR Technology Group, Inc. was founded in 2013 and is based in San Diego, California.
KULR (KULR Technology Group, Inc.) trades in the Technology sector, specifically Hardware, Equipment & Parts, with a market capitalization of approximately $187.3M, a beta of 2.00 versus the broader market, a 52-week range of 1.94-12.8, average daily share volume of 1.3M, a public-listing history dating back to 2018, approximately 52 full-time employees. These structural characteristics shape how KULR stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 2.00 indicates KULR has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position.
What is a collar on KULR?
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 KULR snapshot
As of May 13, 2026, spot at $4.03, ATM IV 132.00%, IV rank 20.65%, expected move 37.84%. The collar on KULR 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 36-day expiry.
Why this collar structure on KULR specifically: IV regime affects collar pricing on both sides; compressed KULR IV at 132.00% typically pushes the short call premium to roughly offset the long put cost, with a market-implied 1-standard-deviation move of approximately 37.84% (roughly $1.53 on the underlying). The 36-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated KULR expiries trade a higher absolute premium for lower per-day decay. Position sizing on KULR should anchor to the underlying notional of $4.03 per share and to the trader's directional view on KULR stock.
KULR collar setup
The KULR 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 KULR near $4.03, the first option leg uses a $4.23 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed KULR chain at a 36-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 KULR shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 100 shares | Stock | $4.03 | long |
| Sell 1 | Call | $4.23 | N/A |
| Buy 1 | Put | $3.83 | N/A |
KULR 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.
KULR collar payoff curve
Modeled P&L at expiration across a range of underlying prices for the collar on KULR. 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 KULR
Collars on KULR hedge an existing long KULR 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.
KULR thesis for this collar
The market-implied 1-standard-deviation range for KULR extends from approximately $2.50 on the downside to $5.56 on the upside. A KULR collar hedges an existing long KULR 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 KULR IV rank near 20.65% 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 KULR at 132.00%. As a Technology name, KULR options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to KULR-specific events.
KULR 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. KULR positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move KULR alongside the broader basket even when KULR-specific fundamentals are unchanged. Always rebuild the position from current KULR chain quotes before placing a trade.
Frequently asked questions
- What is a collar on KULR?
- A collar on KULR is the collar strategy applied to KULR (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 KULR stock trading near $4.03, the strikes shown on this page are snapped to the nearest listed KULR chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are KULR 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 KULR collar priced from the end-of-day chain at a 30-day expiry (ATM IV 132.00%), 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 KULR collar?
- The breakeven for the KULR 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 KULR market-implied 1-standard-deviation expected move is approximately 37.84%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a collar on KULR?
- Collars on KULR hedge an existing long KULR 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 KULR implied volatility affect this collar?
- KULR ATM IV is at 132.00% with IV rank near 20.65%, 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.