An option strategy that is equivalent to the underlying stock. A long call and a short put is synthetic long stock. A long put and a short call is sythetic short stock.

The "synthetic long" derives its name from the fact that it mimics the risk/reward profile of a straightforward stock purchase. By combining a short put and a long call at the same strike ...

As the name indicates, the synthetic short spread replicates the risk/reward dynamic of a short stock position. By combining a long put and a short call at the same strike, the position offers ...

Creating a synthetic stock position is legal ... (Disclaimers: this is not investment advice. The author may be long one or more stocks mentioned in this report. Also, the article may contain ...