Risk vs reward of using one versus the other. Essentials of Business Research A Guide to Doing Your Research Project - Jonathan Wilson.
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1 June 100 call and 1 June 100 put one could trade the synthetic equivalent.
. Here and elsewhere the text does not give practical advantages eg. Page 260 Using Synthetics in a Spreading Strategy - Instead of buying a long straddle. 2 June 100 calls and short 100 shares of the underlying stock.
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