SEIC Collar Strategy
SEIC (SEI Investments Company), in the Financial Services sector, (Asset Management industry), listed on NASDAQ.
SEI Investments Company is a publicly traded enterprise primarily focused on asset management. Leveraging its network of subsidiaries, SEI delivers a comprehensive suite of financial offerings. These encompass wealth, retirement, and investment solutions, alongside specialized asset management, asset administration, and outsourced investment processing services, in addition to general financial services and investment advisory expertise. Its extensive client roster serves a diverse array of financial entities, including private banks, independent financial advisors, investment managers, wealth management organizations, hedge fund managers, and broker-dealers. Additionally, it caters to corporations, institutional investors, various retirement schemes (both defined-benefit and defined-contribution), endowments, foundations, and non-profit organizations. Through its various entities, SEI actively manages customized client portfolios and also establishes and oversees a diverse range of mutual funds, covering equity, fixed income, and balanced strategies.
SEIC (SEI Investments Company) trades in the Financial Services sector, specifically Asset Management, with a market capitalization of approximately $12.67B, a trailing P/E of 17.97, a beta of 0.96 versus the broader market, a 52-week range of 75.08-107, average daily share volume of 811K, a public-listing history dating back to 1981, approximately 5K full-time employees. These structural characteristics shape how SEIC stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.96 places SEIC roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline. SEIC pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.
What is a collar on SEIC?
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.
SEIC snapshot
As of August 14, 2026, spot at $106.62, ATM IV 24.20%, IV rank 3.12%, expected move 6.94%. The collar on SEIC below is built from the August 14, 2026 end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 126-day expiry.
Why this collar structure on SEIC specifically: IV regime affects collar pricing on both sides; compressed SEIC IV at 24.20% typically pushes the short call premium to roughly offset the long put cost, with a market-implied 1-standard-deviation move of approximately 6.94% (roughly $7.40 on the underlying). The 126-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated SEIC expiries trade a higher absolute premium for lower per-day decay. Position sizing on SEIC should anchor to the underlying notional of $106.62 per share and to the trader's directional view on SEIC stock.
SEIC collar setup
The SEIC collar below is built from the August 14, 2026 end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With SEIC at $106.62 on that close, the first option leg uses a $110.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed SEIC chain at a 126-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 SEIC shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 100 shares | Stock | $106.62 | long |
| Sell 1 | Call | $110.00 | $5.00 |
| Buy 1 | Put | $100.00 | $2.95 |
SEIC collar risk and reward
- Net Premium / Debit
- -$10,457.00
- Max Profit (per contract)
- $543.00
- Max Loss (per contract)
- -$457.00
- Breakeven(s)
- $104.57
- Risk / Reward Ratio
- 1.188
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.
SEIC collar payoff curve
Modeled P&L at expiration across a range of underlying prices for the collar on SEIC. 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.
| Underlying Price | % From Spot | P&L at Expiration |
|---|---|---|
| $0.01 | -100.0% | -$457.00 |
| $23.58 | -77.9% | -$457.00 |
| $47.16 | -55.8% | -$457.00 |
| $70.73 | -33.7% | -$457.00 |
| $94.30 | -11.6% | -$457.00 |
| $117.88 | +10.6% | +$543.00 |
| $141.45 | +32.7% | +$543.00 |
| $165.02 | +54.8% | +$543.00 |
| $188.60 | +76.9% | +$543.00 |
| $212.17 | +99.0% | +$543.00 |
When traders use collar on SEIC
Collars on SEIC hedge an existing long SEIC 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.
SEIC thesis for this collar
The market-implied 1-standard-deviation range for SEIC extends from approximately $99.22 on the downside to $114.02 on the upside. A SEIC collar hedges an existing long SEIC 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 SEIC IV rank near 3.12% 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 SEIC at 24.20%. As a Financial Services name, SEIC options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to SEIC-specific events.
SEIC 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. SEIC positions also carry Financial Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move SEIC alongside the broader basket even when SEIC-specific fundamentals are unchanged. Always rebuild the position from current SEIC chain quotes before placing a trade.
Frequently asked questions
- What is a collar on SEIC?
- A collar on SEIC is the collar strategy applied to SEIC (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 SEIC stock at $106.62 on the August 14, 2026 close, the strikes shown on this page are snapped to the nearest listed SEIC chain strike and the premiums come straight from that session's bid/ask midpoint.
- How are SEIC 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 SEIC collar priced from the August 14, 2026 end-of-day chain at a 30-day expiry (ATM IV 24.20%), the computed maximum profit is $543.00 per contract and the computed maximum loss is -$457.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a SEIC collar?
- The breakeven for the SEIC collar priced on this page is roughly $104.57 at expiration, derived from the August 14, 2026 end-of-day chain's premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The SEIC market-implied 1-standard-deviation expected move in the same options snapshot is approximately 6.94%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a collar on SEIC?
- Collars on SEIC hedge an existing long SEIC 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 SEIC implied volatility affect this collar?
- SEIC ATM IV is at 24.20% with IV rank near 3.12%, 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.