@mr. Mt
this synthetic option strategy is in the market since decades. The name of it is "
long put synthetic straddle". Here some more details on it:
http://www.futuresfacts.com/long-put-synthetic-straddle
on the other hand we have the "
long call synthetic straddle":
http://www.avasaram.com/tutorials/o...ons.jsp?tutorial=long call synthetic straddle
to complete it we also have the "
short put synthetic straddle" and the "
short call synthetic straddle".
No secret behind it and surely not some thing which mr. Master trader can claim that
he is the inventor of it to make a protective put strategies into this strategy.
bull ****.
any way: Synthetic straddles are for pros and not for beginners. The different ways they can be traded are quit flexible, but still there is no guarantee that you will end with profit at end of any month even in the coming future. Some months of paper trade will not do the job and even not a back test of a few months will not do the job in dept.
Wish you only the best by trading this way and hopefully you make a lot of money with it, but kindly and even strongly stop posting that you are the inventor of "long put synthetic straddles" by posting this:
i made advanced version of it and it works, other wise you will face consequences.
Dan