A Long Synthetic Put is an options strategy that combines a short stock position with a long call option on that same stock to mimic a long-put option. This strategy is often used when the investor believes the stock price will rise but wants to protect themselves against downside risk.While this strategy can be effective in hedging against downside risk, it is important to note that it also comes with its own set of risks.For example, if the stock price falls sharply, the losses on the short position could offset any gains from the long call option. As such, investors need to carefully consider whether this strategy is right for them before implementing it.
