This describes a unique near zero cost LEAPS collar for a number of stocks.
Scroll through the following "carousel" to view the various symbols and their risk graphs. Notice the stock prices (ATM) are listed at the bottom of each risk graph.
I put together a spreadsheet that highlights the Return On Capital (ROC) and near zero risk. This is the first strategy I found that does not lose money--guaranteed! However, it does cap your upside potential.
Here is the Link to the GoogleSheet that provides a sumamry of the numbers for a few (not all) of the above symbols.