Synthetic Short: Buy A Put (S=50) And Sell A Call (S=50) On The Same Strike
Risk: Unlimited-upside
Profit Potential: Unlimited-downside
Equivalent Positions: Short stock
Follow-up Action: None
Synthetic Put: Short Stock (P=50), And Buy Call (S=50)
Risk: Limited-upside
Profit Potential: Unlimited-downside
Equivalent Positions: Long put
Follow-up Action: None
Bear Spread: Purchase Put On Upper Strike (S=50), And Sell Put On Lower Strike (S=45)
Risk: Limited-upside
Profit Potential: Limited-downside
Equivalent Positions: Bear spread with calls
Follow-up Action: Rise in price-Lock in short side profits and look for recovery on long side
