The difference between a call and a put is shares. There are spread and combo synthetics as well as the singles.
Shares + put = call
short shares + call = put
https://www.google.com/search?sca_esv=0709d606bcc205ca&rlz=1C1CHBF_enUS943US943&q=stoptionality&nfpr=1&sa=X&ved=2ahUKEwjQruHy19eHAxX5JkQIHQanCSMQvgUoAXoECAoQAg&biw=1638&bih=756&dpr=2.5
"stoptionality"
The Trademarks shall be used only on or with such products and services as may be approved or...
You forgot the t.
Anyway, a stop denotes inhibition of risk. Like a suicide inhibitor in biochem. It doesn't reduce activity; it stops it, mole for mole, until it is exhausted in the system.
Long stock + put = synthetic call. Same risk.
IKR?
It's not a stop. Long stock + put = synthetic call. That's a stop. There is no "stoptionality" embedded in a short single, Bro.
And yes, I just made up "stoptionality".
The wheel is substituting the natural for the synthetic in CC. I don't get the interest. SP to buy-write -> win on assigned buy-write or keep writing as stock drops after 1st assignment.
I've done a few short puts in the last 20Y and only bc I needed to be cash-secured in a IRA.