you can't add the cost of the COLLAR ($5) to your stock basis.
Only the cost of the put is involved.
The expired call option is a short term loss.
If you exercise a put, reduce your amount realized on the sale of the underlying stock by the cost of the put when figuring your gain or loss. Any gain or loss on the sale of the underlying stock is long term or short term depending on your holding period for the underlying stock.
