How are LSCC 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 LSCC collar priced from the end-of-day chain at a 30-day expiry (ATM IV 77.50%), the computed maximum profit is $725.00 per contract and the computed maximum loss is -$775.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.

What is the breakeven for a LSCC collar?

The breakeven for the LSCC collar priced on this page is roughly $152.75 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 LSCC market-implied 1-standard-deviation expected move is approximately 22.22%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

How does current LSCC implied volatility affect this collar?

LSCC ATM IV is at 77.50% with IV rank near 41.22%, 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.

LSCC Collar Strategy

LSCC (Lattice Semiconductor Corporation), in the Technology sector, (Semiconductors industry), listed on NASDAQ.

Headquartered in Hillsboro, Oregon, and established in 1983, Lattice Semiconductor Corporation, through its various entities, specializes in the global design and distribution of semiconductor solutions across Asia, Europe, and the Americas. The company's primary offerings include a diverse lineup of Field Programmable Gate Arrays (FPGAs), structured into distinct product families such as Certus-NX and ECP, Mach, iCE40, and CrossLink. Additionally, Lattice manufactures application-specific standard products (ASSPs) dedicated to video connectivity. Beyond physical products, the firm actively monetizes its technological advancements by licensing its intellectual property portfolio through standard IP and core licensing, patent monetization initiatives, and specialized IP services. Lattice distributes its products directly to end-users and indirectly via a robust network of independent manufacturers' representatives and distributors. Its primary clientele consists of original equipment manufacturers (OEMs) operating across critical sectors like communications and computing, consumer electronics, and the industrial and automotive industries.

LSCC (Lattice Semiconductor Corporation) trades in the Technology sector, specifically Semiconductors, with a market capitalization of approximately $19.01B, a trailing P/E of 954.99, a beta of 1.79 versus the broader market, a 52-week range of 46.43-157.01, average daily share volume of 2.1M, a public-listing history dating back to 1989, approximately 1K full-time employees. These structural characteristics shape how LSCC stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 1.79 indicates LSCC has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position. The trailing P/E of 954.99 is on the rich side, which tends to correlate with higher earnings-window IV expansion as the market debates whether forward growth supports the multiple.

What is a collar on LSCC?

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 LSCC snapshot

As of June 30, 2026, spot at $154.55, ATM IV 77.50%, IV rank 41.22%, expected move 22.22%. The collar on LSCC 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 17-day expiry.

Why this collar structure on LSCC specifically: IV regime affects collar pricing on both sides; mid-range LSCC IV at 77.50% typically pushes the short call premium to roughly offset the long put cost, with a market-implied 1-standard-deviation move of approximately 22.22% (roughly $34.34 on the underlying). The 17-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated LSCC expiries trade a higher absolute premium for lower per-day decay. Position sizing on LSCC should anchor to the underlying notional of $154.55 per share and to the trader's directional view on LSCC stock.

LSCC collar setup

The LSCC 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 LSCC near $154.55, the first option leg uses a $160.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed LSCC chain at a 17-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 LSCC shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Buy 100 shares	Stock	$154.55	long
Sell 1	Call	$160.00	$7.95
Buy 1	Put	$145.00	$6.15

LSCC collar risk and reward

Net Premium / Debit: -$15,275.00
Max Profit (per contract): $725.00
Max Loss (per contract): -$775.00
Breakeven(s): $152.75
Risk / Reward Ratio: 0.935

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.

LSCC collar payoff curve

Modeled P&L at expiration across a range of underlying prices for the collar on LSCC. 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.

P&L at expiration across the modeled underlying-price range. Green shading marks profitable regions, red shading marks loss regions. Dotted purple verticals mark breakevens; the solid dark vertical marks current spot.

Underlying Price	% From Spot	P&L at Expiration
$0.01	-100.0%	-$775.00
$34.18	-77.9%	-$775.00
$68.35	-55.8%	-$775.00
$102.52	-33.7%	-$775.00
$136.69	-11.6%	-$775.00
$170.86	+10.6%	+$725.00
$205.03	+32.7%	+$725.00
$239.21	+54.8%	+$725.00
$273.38	+76.9%	+$725.00
$307.55	+99.0%	+$725.00

When traders use collar on LSCC

Collars on LSCC hedge an existing long LSCC 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.

LSCC thesis for this collar

The market-implied 1-standard-deviation range for LSCC extends from approximately $120.21 on the downside to $188.89 on the upside. A LSCC collar hedges an existing long LSCC 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 LSCC IV rank near 41.22% is mid-range against its 1-year distribution, so the IV signal is neutral; the collar thesis on LSCC should anchor more to the directional view and the expected-move geometry. As a Technology name, LSCC options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to LSCC-specific events.

LSCC 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. LSCC positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move LSCC alongside the broader basket even when LSCC-specific fundamentals are unchanged. Always rebuild the position from current LSCC chain quotes before placing a trade.

Frequently asked questions

What is a collar on LSCC?: A collar on LSCC is the collar strategy applied to LSCC (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 LSCC stock trading near $154.55, the strikes shown on this page are snapped to the nearest listed LSCC chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are LSCC 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 LSCC collar priced from the end-of-day chain at a 30-day expiry (ATM IV 77.50%), the computed maximum profit is $725.00 per contract and the computed maximum loss is -$775.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a LSCC collar?: The breakeven for the LSCC collar priced on this page is roughly $152.75 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 LSCC market-implied 1-standard-deviation expected move is approximately 22.22%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
When should you consider a collar on LSCC?: Collars on LSCC hedge an existing long LSCC 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 LSCC implied volatility affect this collar?: LSCC ATM IV is at 77.50% with IV rank near 41.22%, 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.