Put And Buy Call Strategy: Sell

: Often established for a net credit or zero cost, as the put premium sold typically covers the call premium bought.

: Sell an Out-of-The-Money (OTM) put and buy an OTM call. sell put and buy call strategy

: Sell an At-The-Money (ATM) put and buy an ATM call. : Often established for a net credit or

The strategy of is known as a Synthetic Long Stock position when both options have the same strike price, or a Risk Reversal when they have different strike prices. This strategy mimics the risk and reward profile of owning the underlying stock but with significantly less capital. Core Papers and Resources sell put and buy call strategy

: You have unlimited upside but also face "uncapped" downside risk identical to owning the stock. Risk Reversal (Different Strikes) :