QCRH Collar Strategy
QCRH (QCR Holdings, Inc.), in the Financial Services sector, (Banks - Regional industry), listed on NASDAQ.
QCR Holdings, Inc., operating as a multi-bank holding company, delivers a wide array of financial services. These offerings include commercial and consumer banking, alongside specialized trust and asset management. The company provides various deposit products, such as demand accounts that are both interest and non-interest bearing, time deposits, and brokered deposits. Beyond its deposit services, QCR Holdings extends diverse commercial and retail lending, leasing, and investment opportunities. Its clientele is extensive, comprising corporations, partnerships, individual consumers, and government agencies. A significant portion of its loan portfolio is dedicated to small and mid-sized businesses, offering credit lines for operational and working capital purposes, term loans for purchasing facilities and equipment, and financing for commercial and residential real estate.
QCRH (QCR Holdings, Inc.) trades in the Financial Services sector, specifically Banks - Regional, with a market capitalization of approximately $1.62B, a trailing P/E of 12.14, a beta of 0.76 versus the broader market, a 52-week range of 66.16-98.76, average daily share volume of 111K, a public-listing history dating back to 1993, approximately 972 full-time employees. These structural characteristics shape how QCRH stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.76 places QCRH roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline. QCRH pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.
What is a collar on QCRH?
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 QCRH snapshot
As of June 30, 2026, spot at $96.85, ATM IV 36.10%, IV rank 3.40%, expected move 10.35%. The collar on QCRH 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 QCRH specifically: IV regime affects collar pricing on both sides; compressed QCRH IV at 36.10% typically pushes the short call premium to roughly offset the long put cost, with a market-implied 1-standard-deviation move of approximately 10.35% (roughly $10.02 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 QCRH expiries trade a higher absolute premium for lower per-day decay. Position sizing on QCRH should anchor to the underlying notional of $96.85 per share and to the trader's directional view on QCRH stock.
QCRH collar setup
The QCRH 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 QCRH near $96.85, the first option leg uses a $101.69 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed QCRH 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 QCRH shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 100 shares | Stock | $96.85 | long |
| Sell 1 | Call | $101.69 | N/A |
| Buy 1 | Put | $92.01 | N/A |
QCRH 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.
QCRH collar payoff curve
Modeled P&L at expiration across a range of underlying prices for the collar on QCRH. 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 QCRH
Collars on QCRH hedge an existing long QCRH 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.
QCRH thesis for this collar
The market-implied 1-standard-deviation range for QCRH extends from approximately $86.83 on the downside to $106.87 on the upside. A QCRH collar hedges an existing long QCRH 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 QCRH IV rank near 3.40% 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 QCRH at 36.10%. As a Financial Services name, QCRH options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to QCRH-specific events.
QCRH 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. QCRH positions also carry Financial Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move QCRH alongside the broader basket even when QCRH-specific fundamentals are unchanged. Always rebuild the position from current QCRH chain quotes before placing a trade.
Frequently asked questions
- What is a collar on QCRH?
- A collar on QCRH is the collar strategy applied to QCRH (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 QCRH stock trading near $96.85, the strikes shown on this page are snapped to the nearest listed QCRH chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are QCRH 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 QCRH collar priced from the end-of-day chain at a 30-day expiry (ATM IV 36.10%), 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 QCRH collar?
- The breakeven for the QCRH 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 QCRH market-implied 1-standard-deviation expected move is approximately 10.35%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a collar on QCRH?
- Collars on QCRH hedge an existing long QCRH 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 QCRH implied volatility affect this collar?
- QCRH ATM IV is at 36.10% with IV rank near 3.40%, 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.