LFVN Collar Strategy
LFVN (LifeVantage Corporation), in the Consumer Defensive sector, (Packaged Foods industry), listed on NASDAQ.
LifeVantage Corporation engages in the identification, research, development, formulation, sale, and distribution of nutrigenomic activators, dietary supplements, nootropics, pre- and pro-biotics, weight management, skin and hair care products, bath and body, and targeted relief products. The company offers Protandim, a line of scientifically validated dietary supplements; LifeVantage Omega+, a dietary supplement that combines DHA and EPA Omega-3 fatty acids, Omega-7 fatty acids, and vitamin D3; LifeVantage ProBio, a dietary supplement to support digestive system health; a line of weight management products under the PhysIQ brand; Petandim for Dogs, a supplement to combat oxidative stress in dogs; and Axio, a line of energy drink mixes. It also provides anti-aging skin care products, including facial cleansers, perfecting lotions, eye serums, anti-aging creams, hand creams, beauty serum, as well as hair care products, such as invigorating shampoos, nourishing conditioners, and scalp serums under the LifeVantage TrueScience brand name. In addition, the company offers bath and body, and targeted relief products, such as body lotion, body wash, body butter, deodorant, soothing balm, and body rub under the TrueScience brand name. It sells its products through its website, as well as through a network of independent distributors in the United States, Mexico, Japan, Australia, Hong Kong, Canada, Thailand, the United Kingdom, the Netherlands, Germany, Taiwan, Austria, Spain, Ireland, Belgium, New Zealand, Singapore, and China. LifeVantage Corporation is headquartered in Lehi, Utah.
LFVN (LifeVantage Corporation) trades in the Consumer Defensive sector, specifically Packaged Foods, with a market capitalization of approximately $66.5M, a trailing P/E of 11.57, a beta of 0.55 versus the broader market, a 52-week range of 3.9-15, average daily share volume of 169K, a public-listing history dating back to 1994, approximately 222 full-time employees. These structural characteristics shape how LFVN stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.55 indicates LFVN has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure. The trailing P/E of 11.57 is on the value side, where IV often compresses outside event windows because forward growth expectations are already discounted into the share price. LFVN pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.
What is a collar on LFVN?
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 LFVN snapshot
As of May 15, 2026, spot at $5.17, ATM IV 91.10%, IV rank 31.04%, expected move 26.12%. The collar on LFVN 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 LFVN specifically: IV regime affects collar pricing on both sides; mid-range LFVN 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 $1.35 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 LFVN expiries trade a higher absolute premium for lower per-day decay. Position sizing on LFVN should anchor to the underlying notional of $5.17 per share and to the trader's directional view on LFVN stock.
LFVN collar setup
The LFVN 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 LFVN near $5.17, the first option leg uses a $5.43 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed LFVN 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 LFVN shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 100 shares | Stock | $5.17 | long |
| Sell 1 | Call | $5.43 | N/A |
| Buy 1 | Put | $4.91 | N/A |
LFVN 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.
LFVN collar payoff curve
Modeled P&L at expiration across a range of underlying prices for the collar on LFVN. 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 LFVN
Collars on LFVN hedge an existing long LFVN 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.
LFVN thesis for this collar
The market-implied 1-standard-deviation range for LFVN extends from approximately $3.82 on the downside to $6.52 on the upside. A LFVN collar hedges an existing long LFVN 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 LFVN IV rank near 31.04% is mid-range against its 1-year distribution, so the IV signal is neutral; the collar thesis on LFVN should anchor more to the directional view and the expected-move geometry. As a Consumer Defensive name, LFVN options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to LFVN-specific events.
LFVN 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. LFVN positions also carry Consumer Defensive sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move LFVN alongside the broader basket even when LFVN-specific fundamentals are unchanged. Always rebuild the position from current LFVN chain quotes before placing a trade.
Frequently asked questions
- What is a collar on LFVN?
- A collar on LFVN is the collar strategy applied to LFVN (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 LFVN stock trading near $5.17, the strikes shown on this page are snapped to the nearest listed LFVN chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are LFVN 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 LFVN 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 LFVN collar?
- The breakeven for the LFVN 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 LFVN 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 LFVN?
- Collars on LFVN hedge an existing long LFVN 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 LFVN implied volatility affect this collar?
- LFVN ATM IV is at 91.10% with IV rank near 31.04%, which is mid-range against its 1-year history. Strategy selection depends more on directional thesis and expected move than on a strong IV signal.