← Back to Templates


Synthetic Short Straddle with Puts
Description

Combines a short stock position with two short puts to reproduce a short straddle. Selling the first put turns the short stock into a synthetic short call, and the second put completes the straddle, so premium is collected from both contracts.
Each put is quoted from bid and ask while the stock leg uses last price and previous close. Be clear about the exposure this creates: the position is short stock and short options, so losses grow as the underlying moves away from the strike and are not capped on the upside.
Template Screenshots

Market data in your Excel sheets
1 billion usable data points on stocks, options, ETFs, and fundamentals, with simple Excel formulas.
See plans
▶
How does MarketXLS work? Watch Demo
Similar Templates
No similar templates found