koolgal
08-15
🌟🌟🌟A Synthetic Long Stock is a strategy for Options Trading that is designed to mimic a long position.

This strategy involves buying at-the-money (ATM) calls and then selling an equivalent number of ATM puts with the same expiration date.

Will Ulta Hit $400 With Buffett's Pick?
Warren Buffett initiated a position in Ulta Beauty during the second quarter and increased his holdings in Chubb and Occidental Petroleum. Meanwhile, Berkshire Hathaway reduced its positions in Capital One Financial, T-Mobile US, and Floor & Decor Holdings. ----------- Will Ulta hit $400 with Buffett's pick? What's your target price for Ulta?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Lionel8383
    08-18
    Lionel8383
    Yes I used it to trade TLT. By constructing the trade correctly, sometimes you can be paid to open the bullish synthetic position.


    Every $1 rise in TLT leads to $100 gain, and vice versa
    • koolgal: 
      All the best 🍀🍀🍀
    • koolgal: 
      May you have winning week ahead 🚀🚀🚀🌛🌛🌛💰💰💰
    • koolgal: 
      Thanks for sharing your valuable insights on trading TLT. 😍😍😍
  • Jovi9488
    08-15
    Jovi9488
    can you explain the reason for creating it? won't it be more expensive
    • koolgal: 
      Best of luck 🍀🍀🍀
    • koolgal: 
      @Lionel8383 has given a great explanation.
    • koolgalReplyLionel8383: 
      Thanks for your explanation 😍😍😍
    • Lionel8383: 
      For example buy a call at strike $100 (debit) and sell a put at the same strike price of $100 (credit). As this involves a short leg, you need to be aware if the short leg ends up deep in the money, you could be assigned early.
  • zuma
    08-16
    zuma
    thx
    • koolgal: 
      Best of luck 🍀🍀🍀
    • koolgal: 
      Have a beautiful Sunday evening 🌃🌃🌃
    • koolgal: 
      My pleasure 😍😍😍
Leave a comment
13
18