Synthetic Long cheaper than a stock?

Quote from drcha:

Yes, this is an issue. Should we vote here on the coolest annual report?
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I'll have to recuse myself from the vote since I am highly biased against owning stock for any length of time :). I can't remember the last time I got an annual report.
 
Quote from rew:

Don't forget to include your margin requirement on the short put of about 2 bucks. But yes, it is cheaper than the stock. A synthetic long is essentially the same as a long single stock futures position. Of course you have to fight the nasty bid/ask spreads that options have on both the buy and sell. And remember that leverage works both ways.
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A very pertinent remark.:p
 
My father had 10 shares of United Brands (Chiquita) when I was a kid. He got the 33-cent dividend checks, I got these great glossy colorful annual reports to cut up.
 
Quote from loufah:

My father had 10 shares of United Brands (Chiquita) when I was a kid. He got the 33-cent dividend checks, I got these great glossy colorful annual reports to cut up.
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That reminds me when I've transferred a MM account balance on the first of the month and they then post a few cents of interest after that (for the day or two it takes for the ACH to go through). With a penalty for below monthly minimum balance, they then they bill me $X a month for 6-12 months. Apart from the cost of postage, how much time/overhead is wasted doing this? You'd think they'd have the good sense to add an end loop to their billing program :)
 
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