For Zero Cost Collar we have a term and definition in Derivatives.

Zero Cost Collar (Derivatives)

Aka "Costless Collar". A howlingly funny misnomer. "Hidden-cost Collar" would be more accurate. Think about it. A dealer won't do a transaction for you if it doesn't cost you something, because his revenue is your transaction cost. The purchase of a put option financed by the sale of a call.

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