How would you structure a hedged equity curve using options to create a collar?

How would you structure a hedged equity curve using options to create a collar?

• A. Create a collar by holding the stock, buying a put and selling a call.
• B. Create a collar by buying a call and buying a put.
• C. Create a collar by selling the stock and selling a call.
• D. Create a collar by only buying puts.

Answer: (A)