Not financial advice. Options involve risk and are not suitable for all investors. Data is delayed up to 15 minutes.
Protect stock with a bought put while financing it by selling a covered call. Caps both risk and reward.
Protect stock with a bought put while financing it by selling a covered call. Caps both risk and reward. This strategy has a neutral outlook and defined risk.
Call strike - stock price + net credit (or - net debit)
Stock price - put strike + net debit (or - net credit)
Stock price + net debit (or - net credit)