/biz/ - Business & Finance

Gonna tweak this a bit but
>long synthetic future
>gives approx 100 delta as if you bought a call, but short put offsets the cost
>can enter position for a net debit or credit
I mean 2 years from now its not going to be $5 or $7. So I could effectively enter a large position with a downside I am willing to accept ($10k loss) and get 3k upfront for it. I can then use this credit to hedge the position further or earn yield against the long calls