The BCI Collar Calculator is designed to determine initial and annualized option and share appreciation returns when selling out-of-the-money call options and simultaneously buying out-of-the-money protective puts. It will also measure the exit strategy price buyback points to buy back the short calls based on the 20%/10% guidelines detailed in the BCI books and DVD Programs.

Cells will be provided to enter the option month and current date used to assist with the calculations. Below is a screenshot of the calculator before information is entered.