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Synthetic Put Calculator

Also known as: Protective call.

Buying a call and shorting the equivalent amount of underlying stock. This replicates the profit profile of a long put option, though can be advantageous based on the put/call IV skew. It comes with some differing logistical details.

Underlying stock symbol

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Option

 
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Manual settings
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Calculate
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More output options
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Estimated returns

Click the calculate button above to see estimates