Quote from osho67:
Thanks Mark for your valuable post. Much appreciated. I will have to re-read to understand properly. I wish you can give a hypothetical example. But thanks anyway for your insight.
Sorry, I have gone through the example you have given in your link. No need for another example. I would prefer the symthetic version.
Is there a table of popular option positions and their synthetic versions anywhere? Thanks.
I will order your book to-day as well.