Comment by _debug_

TSLA Puts seem to be priced with higher IV than Calls at the same distance for both near and far expiries (Calls at 120% vs. Puts at 80% of spot). I see Puts at strike $27 priced at 200% to 166% of the Calls at strike $41.

Options chains from Google Finance : http://www.google.com/finance/option_chain?q=NASDAQ:TSLA&...

So I'm assuming that the TSLA collar (unlike your other equity collars) is not costless. Or is it? Am I missing something?

Thanks for sharing your thoughts, BTW. I'm just loving going through your comments on other HN articles!