Long combo is a bullish strategy that involves a bull naked or cash secured put and long call option. The act of selling a put can be seen as lower your cost on the trade, but also increasing risk as your max loss is increased. The write put and long call are generally at the same strike price, but you can make the trade more bullish by buying further OTM or more bearish by selling further otm put.
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Option Contracts
Long Call
Short Put
Equity - Long
100 shares
Estimated Returns
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