Dear Suri112000
You may point out the comment: "
In certain situations it can be a no risk trade or even generate a guaranteed return". This comment can lead to a wrong impression about a Collar and so you kindly point out the market situation, including the way you would trade the Collar at that moment, which is for you the one who guarantees any return with any Collar at that moment. Kindly show also a chart and explain on it why market should not go against you in that situation.
Take care and enjoy the day / Dan