LVO Collar Strategy
LVO (LiveOne, Inc.), in the Communication Services sector, (Entertainment industry), listed on NASDAQ.
LiveOne, Inc., a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content. The company also produces, edits, curates, and streams live music events through broadband transmission over the Internet and satellite networks to its users; provides digital Internet radio and music services to users online and through automotive and mobile original equipment manufacturers on a white label basis; and offers ancillary products and services, such as regulatory and post-implementation support services. In addition, it develops, manufactures, and distributes personalized merchandise and gifts through wholesale and direct-to-consumer distribution channels. Further, the company offers LiveOne App, an application that provides access to live events, audio streams, original episodic content, podcasts, vodcasts, video on demand, real-time livestreams, and social sharing of content. The company was formerly known as LiveXLive Media, Inc. and changed its name to LiveOne, Inc. in October 2021.
LVO (LiveOne, Inc.) trades in the Communication Services sector, specifically Entertainment, with a market capitalization of approximately $58.0M, a beta of 1.58 versus the broader market, a 52-week range of 3.7-9.8, average daily share volume of 77K, a public-listing history dating back to 2017, approximately 140 full-time employees. These structural characteristics shape how LVO stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 1.58 indicates LVO 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 LVO?
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 LVO snapshot
As of May 15, 2026, spot at $5.30, ATM IV 86.10%, IV rank 14.30%, expected move 24.68%. The collar on LVO 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 LVO specifically: IV regime affects collar pricing on both sides; compressed LVO IV at 86.10% typically pushes the short call premium to roughly offset the long put cost, with a market-implied 1-standard-deviation move of approximately 24.68% (roughly $1.31 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 LVO expiries trade a higher absolute premium for lower per-day decay. Position sizing on LVO should anchor to the underlying notional of $5.30 per share and to the trader's directional view on LVO stock.
LVO collar setup
The LVO 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 LVO near $5.30, the first option leg uses a $5.57 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed LVO 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 LVO shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 100 shares | Stock | $5.30 | long |
| Sell 1 | Call | $5.57 | N/A |
| Buy 1 | Put | $5.03 | N/A |
LVO 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.
LVO collar payoff curve
Modeled P&L at expiration across a range of underlying prices for the collar on LVO. 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 LVO
Collars on LVO hedge an existing long LVO 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.
LVO thesis for this collar
The market-implied 1-standard-deviation range for LVO extends from approximately $3.99 on the downside to $6.61 on the upside. A LVO collar hedges an existing long LVO 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 LVO IV rank near 14.30% 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 LVO at 86.10%. As a Communication Services name, LVO options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to LVO-specific events.
LVO 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. LVO positions also carry Communication Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move LVO alongside the broader basket even when LVO-specific fundamentals are unchanged. Always rebuild the position from current LVO chain quotes before placing a trade.
Frequently asked questions
- What is a collar on LVO?
- A collar on LVO is the collar strategy applied to LVO (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 LVO stock trading near $5.30, the strikes shown on this page are snapped to the nearest listed LVO chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are LVO 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 LVO collar priced from the end-of-day chain at a 30-day expiry (ATM IV 86.10%), 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 LVO collar?
- The breakeven for the LVO 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 LVO market-implied 1-standard-deviation expected move is approximately 24.68%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a collar on LVO?
- Collars on LVO hedge an existing long LVO 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 LVO implied volatility affect this collar?
- LVO ATM IV is at 86.10% with IV rank near 14.30%, 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.