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What is a 'Collar'. A collar is a protective options strategy that is implemented after a long position in a stock has experienced substantial gains. An investor can create a collar position by purchasing an out-of-the-money put option while he simultaneously writes an out-of-the-money call option. A collar is also known as hedge wrapper.
âFall protectionâ means personal fall protection equipment worn by employees working at heights, safety nets, catch platforms, warning lines, and guard rails along elevated surfaces. Fall protection of some type (usually guardrails) is required when employees work at a height of 4 feet or more in all workplaces. In construction, personal fall protection equipment or equivalent protection is required when workers are at heights of 10 feet or more. In some types of work or industries, fall protection is specified at different heights.