Risk Reversal vs Collar

 1. Risk Reversal and Collar with  Long 1 Future

Risk Reversal with Long Fut 1

Colar with Long Fut 1

2. Risk Reversal and Collar with  Long 1 Future After 1 Future has been Sell (without Future)

Risk Reversal without Fut 1 (after Close Long Futures 1 ctrct)

Collar without Fut 1 (after Close Long Futures 1 ctrct)