How are QRVO 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 QRVO collar priced from the end-of-day chain at a 30-day expiry (ATM IV 54.50%), the computed maximum profit is $443.50 per contract and the computed maximum loss is -$306.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.

What is the breakeven for a QRVO collar?

The breakeven for the QRVO collar priced on this page is roughly $93.07 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 QRVO market-implied 1-standard-deviation expected move is approximately 15.62%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

How does current QRVO implied volatility affect this collar?

QRVO ATM IV is at 54.50% with IV rank near 60.26%, 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.

QRVO Collar Strategy

QRVO (Qorvo, Inc.), in the Technology sector, (Semiconductors industry), listed on NASDAQ.

Qorvo, Inc. is a global technology company focused on developing and bringing to market a diverse range of products and innovations for the wireless, wired, and power sectors. Its operations are organized into two primary divisions: Mobile Products, and Infrastructure and Defense Products. Within its Mobile Products segment, Qorvo supplies critical components for a wide array of consumer electronics, including smartphones, wearables, laptops, and tablets. These offerings encompass radio frequency (RF) power management integrated circuits (PMICs), ultra-wideband (UWB) system-on-a-chip (SoC) and system-in-package (SiP) solutions, MEMS sensors, antenna tuners and antennaplexers, along with various discrete components like multiplexers, duplexers, filters, and switches. The Infrastructure and Defense Products segment addresses a broad spectrum of industries: For cellular base stations, Qorvo provides components such as switch-low noise amplifier (LNA) modules, variable gain amplifiers (VGAs), integrated power amplifier (PA) Doherty modules, discrete LNAs, and high-power GaN amplifiers. It also manufactures Silicon Carbide (SiC) products, including Schottky diodes and transistors, vital for applications in the automotive, industrial, IT infrastructure, and renewable energy sectors.

QRVO (Qorvo, Inc.) trades in the Technology sector, specifically Semiconductors, with a market capitalization of approximately $8.26B, a trailing P/E of 25.38, a beta of 1.43 versus the broader market, a 52-week range of 74.92-109.49, average daily share volume of 1.2M, a public-listing history dating back to 2015, approximately 6K full-time employees. These structural characteristics shape how QRVO stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 1.43 indicates QRVO 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 QRVO?

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 QRVO snapshot

As of June 30, 2026, spot at $93.64, ATM IV 54.50%, IV rank 60.26%, expected move 15.62%. The collar on QRVO 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 QRVO specifically: IV regime affects collar pricing on both sides; mid-range QRVO IV at 54.50% typically pushes the short call premium to roughly offset the long put cost, with a market-implied 1-standard-deviation move of approximately 15.62% (roughly $14.63 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 QRVO expiries trade a higher absolute premium for lower per-day decay. Position sizing on QRVO should anchor to the underlying notional of $93.64 per share and to the trader's directional view on QRVO stock.

QRVO collar setup

The QRVO 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 QRVO near $93.64, the first option leg uses a $97.50 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed QRVO 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 QRVO shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Buy 100 shares	Stock	$93.64	long
Sell 1	Call	$97.50	$3.10
Buy 1	Put	$90.00	$2.53

QRVO collar risk and reward

Net Premium / Debit: -$9,306.50
Max Profit (per contract): $443.50
Max Loss (per contract): -$306.50
Breakeven(s): $93.07
Risk / Reward Ratio: 1.447

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.

QRVO collar payoff curve

Modeled P&L at expiration across a range of underlying prices for the collar on QRVO. 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%	-$306.50
$20.71	-77.9%	-$306.50
$41.42	-55.8%	-$306.50
$62.12	-33.7%	-$306.50
$82.82	-11.6%	-$306.50
$103.53	+10.6%	+$443.50
$124.23	+32.7%	+$443.50
$144.93	+54.8%	+$443.50
$165.64	+76.9%	+$443.50
$186.34	+99.0%	+$443.50

When traders use collar on QRVO

Collars on QRVO hedge an existing long QRVO 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.

QRVO thesis for this collar

The market-implied 1-standard-deviation range for QRVO extends from approximately $79.01 on the downside to $108.27 on the upside. A QRVO collar hedges an existing long QRVO 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 QRVO IV rank near 60.26% is mid-range against its 1-year distribution, so the IV signal is neutral; the collar thesis on QRVO should anchor more to the directional view and the expected-move geometry. As a Technology name, QRVO options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to QRVO-specific events.

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

Frequently asked questions

What is a collar on QRVO?: A collar on QRVO is the collar strategy applied to QRVO (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 QRVO stock trading near $93.64, the strikes shown on this page are snapped to the nearest listed QRVO chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are QRVO 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 QRVO collar priced from the end-of-day chain at a 30-day expiry (ATM IV 54.50%), the computed maximum profit is $443.50 per contract and the computed maximum loss is -$306.50 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a QRVO collar?: The breakeven for the QRVO collar priced on this page is roughly $93.07 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 QRVO market-implied 1-standard-deviation expected move is approximately 15.62%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
When should you consider a collar on QRVO?: Collars on QRVO hedge an existing long QRVO 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 QRVO implied volatility affect this collar?: QRVO ATM IV is at 54.50% with IV rank near 60.26%, 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.