Married Put a.k.a. Protective Put a.k.a. Synthetic Long Call

Long 100 Shares +Long 1 ATM Put

Married Put situacija je kad istovremeno imao u posjedu at-the-money (ATM) Put opciju i predmetnu dionicu.

Limitiramo rizik od pada vrijednosti dionice koju imamo u portfelju,
istovremeno profitiramo od vlasništva dionice (dividende, glasačka prava).

Profitni potencijal jednak je onom Long call opcije, Married put poznajemo i kao Synthetic Long Call.

Maximum Profit Unlimited
If Price of Underlying > Purchase Price of Underlying + Premium Paid
Profit = Price of Underlying - Purchase Price of Underlying - Premium Paid

Limited Risk
Price of Underlying <= Strike Price of Long Put Max Loss = Premium Paid + Commissions Paid Breakeven Point
Breakeven Point = Purchase Price of Underlying + Premium Paid