Synthetic Put Calculator

Search a symbol to visualize the potential profit and loss for a synthetic put option strategy.

What is a synthetic put?

BearishNearly Unlimited ProfitLimited Loss

A bearish strategy used to replicate the profit potential of a put using a call and shorting the underlying stock. The call will protect the short position from losing too much if the stock moves upwards.

(also known as: Protective Call)
AProfitLossStock Price
  • Short the underlying
  • Buy a call at strike A