Synthetic Short
| Leg | Trade | Option | Lots | Strike |
|---|---|---|---|---|
| L1 | BUY | PUT | 1 | ATM |
| L2 | SELL | CALL | 1 | ATM |
Strategy Details
| Name | Synthetic Short |
| Type | Two-Leg Synthetic |
| Description | Combine a short call and long put at the same strike to replicate short stock exposure. |
| Outlook | Strongly bearish |
| Max Profit | Substantial; limited to the underlying reaching zero |
| Max Loss | Unlimited |






